CRAIGforCONGRESS

Missouri's 7th District, U.S. House of Representatives

  
 

 

 

Congressional Issues 2010
MISSOURI FARM BUREAU
Social Security



Missouri Farm Bureau

Kevin Craig - "Liberty Under God"

We believe Social Security should be self-supporting. We oppose any subsidization of the program from general funds or windfall profit taxes. We believe all workers, including elected officials and government employees, should pay Social Security taxes. We recognize each individual's right to participate in pension plans in addition to Social Security. We therefore oppose any proposals to place funds from the Civil Service Retirement System or any other existing pension plan into the Social Security trust funds. The Social Security system should be abolished entirely. It is unconstitutional, since the Framers did not give the federal government power to manage anyone's retirement. The program is unethical and fraudulent. Every dime that you have "contributed" to the program has already been spent on federal programs you disagree with. Any private sector corporation that managed its employee retirement fund the way the federal government manages Social Security would have its corporate officers imprisoned. It is a moral and fiscal cancer. It will kill America.
We believe since Social Security was originally meant for supplementary retirement income, that Social Security funds should not be used to expand programs or to fund new programs. We urge Congress to separate the medical programs from Social Security and to finance these programs from general revenue funds. Such a transfer should be accompanied by a reduction in Social Security taxes equal to the amount necessary to fund the medical programs. Social Security: "Just Say 'NO'"

Social Security -- the program and the mythology -- will destroy America. The program is hemorrhaging red ink. The mythology is the ponzi scheme; something for nothing; wealth redistribution.

We support action now to eliminate the projected deficit in the Social Security Trust Fund. You won't get it by voting for the two major parties.
We are opposed to prison inmates and illegal immigrants receiving Social Security benefits.  
We favor exempting Social Security benefits from the Missouri state income tax.  
Current Social Security surplus income should not be used to offset budget deficits, but should be segregated from other federal revenues and invested in real securities.  
We believe self-employed people should be allowed to deduct one-half of their Social Security costs as a business expense. This would give farmers and other self-employed individuals the same break currently given to employees.  
We oppose efforts to end the Social Security tax exemption for farmers who employ their spouses.  
We urge correction of the inequity in the method of determining earnings of self-employed persons subject to Social Security taxes when substantial portions of these earnings are related to a return on their investment in business property.  
We are in favor of exempting rental income from land rented to a family farm corporation or partnership from the self-employment tax.  
We believe individuals should have direct control over a portion of their social security investments.  

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