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K8-EEE's Journal
Posted by K8-EEE in General Discussion (1/22-2007 thru 12/14/2010)
Wed Mar 10th 2010, 01:01 AM
http://www.ssa.gov/history/InternetMyths.h...

Apparently the anonymous little troll who churns out disinfo for the GOP never rests, coming soon from an ignorant freeper near you: bullshit "facts" about Social Security!

http://www.freerepublic.com/focus/f-blogge...

Franklin Roosevelt, a Democrat, introduced the Social Security (FICA) Program. He promised:

1.) That participation in the Program would be Completely voluntary,

No longer Voluntary

2.) That the participants would only have to pay 1% of the first $1,400 of their annual Incomes into the Program,

Now 7.65%

3.) That the money the participants elected to put into the Program would be deductible from their income for tax purposes each year,

No longer tax deductible

4.) 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, and,



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