They will also pay a Medicare tax of 1.45 percent on wages up to $125,000.

The Medicare tax is 1.45 percent of income, with no limit.

This comes on top of the standard 1.5 per cent Medicare tax.

The new plan's maximum base for the Medicare tax is said to be $125,000.

And he would have the more affluent pay Medicare taxes on all of their income.

New revenue would come from a rise in the earnings subject to the Medicare tax.

There will be no limit on the amount of income subject to Medicare tax.

Senate would extend Medicare tax to state and local employees.

Next year there will be no ceiling on the Medicare tax.

And the Medicare tax makes rates a bit higher next year for those over $135,000.