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The payroll tax currently applies to the first $76,200 of annual income.
The £15,000 earnings threshold that currently applies will go up every year in line with inflation from 2012, Cable added.
Trump also said he would eliminate the estate tax, which currently applies to estates larger than $5.45m for individuals, or $10.9m for married couples.
The scheme currently applies to patients on the respiratory and care of the elderly wards, but it is hoped to be rolled out to orthopaedics.
We estimate that the WTD as it currently applies in the UK is already costing the economy between £3.5 bn and £3.9bn every year.
The 10% CGT rate for entrepreneurs which currently applies to the first £2m of qualifying gains will be extended to the first £5m.
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"The legislation doesn't currently apply to whole insects.
The move does not currently apply to housing association tenants.
This doesn't currently apply on contactless payments.
That rule would currently apply to only BP.
He is currently applying for graduate scheme positions in the financial services sector.
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