,i  #aacth ,,congress  #b;d ,session    
,h4 ,r4 #eheb  ,,in ,,the ,,house ,,of  
,,representatives  ,december #aa1 #bjad 
,mr4 ,grayson introduced the following  
bill2 which was referred to the         
,committee on ,ways and ,means  ,a      
,,bill  ,to amend the ,internal ,revenue
 ,code of #aihf to eliminate the        
#aag1jjj cap on income subject to       
,social ,security payroll taxes4  #a4   
,short title  ,this ,act may be cited as
 the ,scrap the ,cap ,act4  #b4 ,payroll
 tax on remuneration  7a7 ,in general   
,paragraph 7#a7 of section #caba7;a7 of 
the ,internal ,revenue ,code of #aihf is
 amended by inserting after such        
calendar year4 the following3 ,the      
preceding sentence shall apply only to  
calendar years for which the            
contribution and benefit base 7as so    
determined7 is less than #aag1jjj1 and1 
for such calendar years1 only to so much
 of the remuneration paid to such       
employee by such employer with respect  
to employment as does not exceed        

#aag1jjj44  7b7 ,conforming amendment   
,paragraph 7#a7 of section #caba of the 
,internal ,revenue ,code of #aihf is    
amended by striking ,act7 to and        
inserting ,act71 or in excess of        
#aag1jjj1 to4  7c7 ,effective date ,the 
amendments made by this section shall   
apply to remuneration paid after        
,december #ca1 #bjad4  #c4 ,tax on net  
earnings from self-employment  7a7 ,in  
general ,paragraph 7#a7 of section      
#adjb7;b7 of the ,internal ,revenue     
,code of #aihf is amended to read as    
follows3  7#a7 in the case of the tax   
imposed by section #adja7;a71 the excess
 of-- 7,a7 that part of the net earnings
 from self-employment which is in excess
 of-- 7i7 an amount equal to the        
contribution and benefit base 7as       
determined under section #bcj of the    
,social ,security ,act7 which is        
effective for the calendar year in which
 such taxable year begins1 minus  7ii7  
the amount of the wages paid to such    
individual during such taxable years2   

over  7,b7 that part of the net earnings
 from self-employment which is in excess
 of the sum of-- 7i7 the excess of--    
7,i7 the net earning from               
self-employment reduced by the excess   
7if any7 of subparagraph 7,a77i7 over   
subparagraph 7,a77ii71 over  7,,ii7     
#aag1jjj1 reduced by such contribution  
and benefit base1 plus  7ii7 the amount 
of the wages paid to such individual    
during such taxable year in excess of   
such contribution and benefit base and  
not in excess of #aag1jjj2 or  4  7b7   
,phaseout ,subsection 7b7 of section    
#adjb of the ,internal ,revenue ,code of
 #aihf is amended by adding at the end  
the following3 ,paragraph 7#a7 shall    
apply only to taxable years beginning in
 calendar years for which the           
contribution and benefit base 7as       
determined under section #bcj of the    
,social ,security ,act7 is less than    
#aag1jjj44  7c7 ,effective date ,the    
amendments made by this section shall   
apply to net earnings from              

self-employment derived1 and            
remuneration paid1 after ,december #ca1 
#bjad4