Social Security Cards up until the 1980s expressly stated the number and card were not to be used for identification purposes. Since nearly everyone in the United States now has a number, it became convenient to use it anyway and the message was removed.
Franklin Roosevelt, a Democrat, introduced the Social Security (FICA) Program. He promised:
1.) That participation in the Program would be completely voluntary.
No longer Voluntary
2.) That the participants would only have to pay 1% of the first $1,400 of their annual incomes into the Program.
Now 7.65% on the first $90,000
3.) That the money the participants elected to put into the Program would be deductible from their income for tax purposes each year.
No longer tax deductible
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.
Under Lyndon Johnson the money was moved to the General Fund and spent
5.) That the annuity payments to the retirees would never be taxed as income.
Under Bill Clinton it was determined that up to 85% of your Social Security can be Taxed
Under Jimmy Carter immigrants who had moved into this country, and attained an age of 65, began to receive Social Security payments, even though they never paid a dime into it!
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