Cancer and Terminal Illness Patient Health Care Act of 2005

H.R. 3078, the Cancer and Terminal Illness Patient Health Care Act of 2005, proposes to provide financial relief to individuals facing serious health crises by waiving or reducing federal payroll taxes. Under this bill, employees diagnosed with cancer or a terminal illness, as well as those serving as primary caregivers for a spouse, parent, or child with these conditions, would be exempt from paying the employee portion of Social Security taxes. Additionally, self-employed individuals in similar circumstances would see their self-employment tax rates for Social Security and Medicare reduced by 50 percent. The legislation aims to increase the take-home pay of patients and their families to help offset the costs associated with long-term medical care and lost wages.