Remove the $110,000 cap on the payroll tax for individuals to fix SocSe and Medicare and make payroll tax cut permanent.

This proposal fixes Social Security and Medicare by removing the income cap currently in place on payroll tax. Individual earned income is subject to payroll tax up to the first $110,000.00 leaving all income in excess of that amount free of tax. This makes the payroll tax a regressive tax that unfairly burdens those individuals who earn less than $110,000.00. Removing the cap will enhance revenues for these programs and ensure their long-term solvency. Additionally, we propose keeping the cap in place for businesses and having it affect individual earned income only.