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 $18,750
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 who fall into the categories above think Bush is screwing them and Bill Clinton was the greatest President ever. If any democrat is elected, he/she will repeal the Bush tax cuts and a good portion of the people who fall into the categories above can't wait for it to happen."
"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 and it doesn't matter whether you are Democrat of Republican. Facts are Facts.
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
5.) That the annuity payments to the retirees would never be taxed as income
Since 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 taxing 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 U S.
Q: Which Political Party decided to start giving annuity payments to immigrants?
A: 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 about it is uninformed citizens believe it!
CONGRESS GIVES THEMSELVES 100% RETIREMENT FOR ONLY SERVING ONE TERM."
"A government big enough to give you everything you want is strong enough to take everything you have." Thomas Jefferson
Father, this is a difficult election year. You are in charge of this country, this world, and our individual lives. Help us to listen to your voice and cling to your values, our hopes in you. Let us not vote against what you have taught us in your Word which is ultimately our "government". Thank you for direction in you, the only One we can truly count on. In the Name of Jesus, Amen.
*Please remember to pray for Kristy Dykes.*