Title: Taxation Issues... Post by: HisDaughter on March 14, 2008, 08:42:56 PM The following is an email from my son-in-law that I thought I'd share. Maybe you've seen it already.
Subject: Fw: Read Before You Vote - Taxation Issues 2008 ( My political rant for the year...I'm done now!) Interesting info that everyone needs to know before you vote... Whether you are a Democrat, Republican or Independent..... These are the facts... Taxes under Clinton 1999 Taxes under Bush 2008 Single making 30K - tax $8,400 Single making 30K - tax $4,500 Single making 50K - tax $14,000 Single making 50K - tax $12,500 Single making 75K - tax $23,250 Single making 75K - tax $18,750 Married making 60K - tax $16,800 Married making 60K- tax $9,000 Married making 75K - tax $21,000 Married making 75K - tax $18,75 0 Married making 125K - tax $38,750 Married making 125K - tax $31,250 If you want to know just how effective the mainstream media is, it is amazing how many people that fall into the categories above think Bush is screwing them and Bill Clinton was the greatest President ever. If any Democrat is elected, ALL of them say they will repeal the Bush tax cuts and a good portion of the people that fall into the categories above can't wait for it to happen. This is like the movie The Sting with Paul Newman; you scam somebody out of some money and they don't even know what happened. Your Social Security Just in case some of you young whippersnappers (& some older ones) didn't know this. It's easy to check out, if you don't believe it. Be sure and show it to your kids. They need a little history lesson on what's what a nd it doesn't matter whether you are Democrat of Republican. Facts are Facts!!! Our Social Security Franklin Roosevelt, a Democrat, introduced the Social Security (FICA) Program. He promised: 1.) That participation in the Program would be Completely Voluntary, 2.) That the participants would only have to pay 1% of the first $1,400 of their annual Incomes into the Program, 3.) That the money the participants elected to put into the Program would be deductible from their income for tax purposes each year, 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, 5.) That the annuity payments to the retirees would never be taxed as income Si nce 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 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. ----------------------------------------------------------------------- Q: Which Political Party started taxin g Social Security annuities? A: The Democratic Party, with Al Gore casting the "tie-breaking" deciding vote as President of the Senate, while he was Vice President of the US ------------------------------------------------------------------- AND MY FAVORITE: 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 Social Security payments! The Democratic Party gave these payments to them, even though they never paid a dime into it! -------------- -------------------------- ------------------------------ Then, after violating 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 abo ut it is uninformed citizens believe it! If enough people receive this, maybe a seed of awareness will be planted and maybe changes will evolve. Maybe not, some Democrats are awfully sure of what isn't so. But it's worth a try. Actions speak louder than bumper stickers. AND CONGRESS GIVES THEMSELVES 100% RETIREMENT FOR ONLY SERVING ONE TERM!!! Are they our Masters or our Servants?????????????? A government big enough to give you everything you want, is strong enough to take everything you have. - Thomas Jefferson Title: Re: Taxation Issues... Post by: nChrist on March 14, 2008, 10:22:07 PM Thanks Sister!
This is interesting information. It's hard to believe that anyone will vote to eliminate their tax cuts or to raise their taxes. Most average folks are having a hard time just getting beyond the necessities. It would be especially sickening to know what all of the tax increases will be spent for. Our government is out of control in "La La Land", and it definitely needs to be reigned in. Many of them are trying to run little kingdoms, monarchies, and dictatorships in a free country where the people are in charge. Many of them need a remedial course in "Free Country 101". Title: Re: Taxation Issues... Post by: Soldier4Christ on March 14, 2008, 10:33:59 PM I thank you also for this. In addition to this the Democratic party now wants to do the same thing with medical insurance they did with Social Security. I am sure that it will be treated the same way.
Title: Re: Taxation Issues... Post by: HisDaughter on March 14, 2008, 10:41:05 PM Many of them are trying to run little kingdoms, monarchies, and dictatorships in a free country where the people are in charge. Many of them need a remedial course in "Free Country 101". Boy do you have THAT one right! Title: Re: Taxation Issues... Post by: HisDaughter on March 14, 2008, 10:45:07 PM I thank you also for this. In addition to this the Democratic party now wants to do the same thing with medical insurance they did with Social Security. I am sure that it will be treated the same way. My mom has a doctor friend that says he will quit practicing if it comes down to what they want to do with medical insurance. We will be sitting in long lines and being run in and out like branding cattle. The only surgery you'll get is emergency surgery, no time to schedule elective surgeries. Title: Re: Taxation Issues... Post by: Soldier4Christ on March 14, 2008, 11:18:58 PM Canada already has a similar medical system and they don' even have time for necessary surgeries. There is a long waiting list just for required life saving surgeries.
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