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:
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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.
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Q: Which Political Party eliminated the income tax deduction for Social
Security (FICA) withholding?
A: The Democratic Party.
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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
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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!
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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
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