Social Security Questions

[Unforgiven]

Need some help here, this was sent to me in an e-mail today and I would like to know if any of you have seen/received it, and where it may have originated from. Also I need to ask if any one here would take time to respond to each of the points and correct each point so this can be circulated as well. I am not entirely sure about some of the points while others seem blatantly false.
Here Goes:


SOCIAL SECURITY- LOVE THIS STUFF


1) SOCIAL SECURITY: Franklin Roosevelt, a Democrat, introduced the social security (FICA) program. He promised:
a) That the participation in the program would be completely voluntary.
b) That the participants would only have to pay 1% of the first $1400 of their annual income into the program.
c) That the money the participants elected to put into the program would be deductible from their income taxes for that year.
d) That the money the participants put into the independent Trust Fund rather than into the general operating fund, and therefore, would only be used to fund the Social Security Retirement Program, and no other government program.
e) That the annuity payments to the retirees would never be taxed as income. Since many of us have paid into FICA for years and are now receiving a Social Security check every month---and then finding that we are getting taxed on 85% of the money we paid to the federal government to "put away" you may be interested in the following:

Q: Which political party took Social Security from the independent "Trust" fund and put it in into the general fund so that congress could spend it?

A: It was Lyndon Johnson and the Democratically-controlled House and Senate.

Q: Which political party eliminated the income tax deduction for social security (FICA) withholding?

A: The democratic party with Al Gore casting the "tie breaking" vote as president of the senate while he was Vice-President.

Q: Which political party decided to start giving annuity payments to immigrants?

A: That's right! Jimmy Carter and the democratic party. Immigrants moved into this country, and at age 65, began to receive SSI Social Security payments! The democratic party gave these payments to them, even though they never paid a dime into it!
Then after doing all this lying and thieving and violation of the original contract (FICA) the democrats turn around and tell you that the republicans want to take your social security away! And the worst part is uninformed citizens believe i! Perhaps we are asking the wrong questions during this 2004 election year! If enough people receive this maybe a seed of awareness will be planted and maybe good changes will evolve. How many people can you send this to? Keep this going clear up to the 2004 election! We need to be heard!



Thanks to all in advance who respond! :)

[ChoralScholar]

1. *steps back - waits for someone to take a swing*

[Another Bill C.]

2. Snopes

http://www.snopes.com/cgi-bin/news/ultimatebb.cgiubb=get_topic;f=3;t=000003

[Massacure]

3. Try this

http://www.snopes.com/politics/taxes/pensions.asp