61 replies to this topic

[brownj67]

delegatexvp, on June 11 2011 - 07:16 AM, said:

Just read this for the first time, WOW! Now I have to ask this question is brownj67 a troll? I think we all at one time or another might fit this description but brownj67 the troll description was made for you. You should wear it proudly?

Funny how the people who are naming "internet trolls" are naming people who they dislike and disagree with. There are many people on here like 11:58pm, Farley, and you delegatxvp, that post, and obviously "troll" on here more than I do.
But somehow, you don't see yourself as a "troll". Funny.

[True Steward]

hateyourboss, on August 29 2011 - 12:10 AM, said:

Damn, it's really sad how misinformation can be taken as fact. Here's the real information and if references need to be posted, I'll be more than happy to provide them. It's all public record.

Q1:Which political party took Social Security from the independent trust fund and put it into the general fund so that Congress could spend it?

A1: There has never been any change in the way the Social Security program is financed or the way that Social Security payroll taxes are used by the federal government. The Social Security Trust Fund was created in 1939 as part of the Amendments enacted in that year. From its inception, the Trust Fund has always worked the same way. The Social Security Trust Fund has never been "put into the general fund of the government."

Q2: Which political party eliminated the income tax deduction for Social Security (FICA) withholding?
A2: There was never any provision of law making the Social Security taxes paid by employees deductible for income tax purposes. In fact, the 1935 law expressly forbid this idea, in Section 803 of Title VIII. ( YOU can look it up)

Q3. Which political party started taxing Social Security annuities?

A3. The taxation of Social Security began in 1984 following passage of a set of Amendments in 1983, which were signed into law by President Reagan in April 1983. These amendments passed the Congress in 1983 on an overwhelmingly bi-partisan vote.
The basic rule put in place was that up to 50% of Social Security benefits could be added to taxable income, if the taxpayer's total income exceeded certain thresholds.

The taxation of benefits was a proposal which came from the Greenspan Commission appointed by President Reagan and chaired by Alan Greenspan (who went on to later become the Chairman of the Federal Reserve).

Q4. Which political party decided to start giving annuity payments to immigrants?

A4. Neither immigrants nor anyone else is able to collect Social Security benefits without someone paying Social Security payroll taxes into the system.
(The question confuses the Supplemental Security Income (SSI) program with Social Security. SSI is a federal welfare program and no contributions, from immigrants or citizens or anyone else, is required for eligibility. Under certain conditions, immigrants can qualify for SSI benefits. The SSI program was an initiative of the Nixon Administration and was signed into law by President Nixon on October 30, 1972.)

Keep in mind: http://www.snopes.co...ity/changes.asp is also run by Democrats and statements were also found to be partially true, even by Democratic control of Snopes.