[Dan40]

Originally Posted by sunman

Here is what Social Security has to say about email facts, straight from the horses mouth. I know nothing, I have no opinion about the subject.

Sunman

http://www.socialsecurity.gov/histor...rnetMyths.html

So # 1. is FALSE, the program was never voluntary..

And # 2 is also FALSE, it was 1% of $3000, not $1400.

And #3 is FALSE, FICA was never tax deductible.

But #4 is essentially true, Johnson did put Soc. Sec. in the regular budget. Having a separate accounting column does not keep it out of the General Fund. Every dept. has its separate accounting entry.

And # 5 is also TRUE.. FDR may not have promised no taxes on the annuity payments, but they started out untaxed. Also shows both Republicans and Democrats can screw the public equally well. SOCIAL SECURITY AMENDMENTS OF 1983
H.R. 1900/P.L. 98-21