Joe Wilson

Here’s a look at Joe’s new ad, shot during the recent Take Joe To Work Week. Below you’ll see a list of some of Joe’s proposals to create more jobs for South Carolina.

* 5% across the board income tax cut
* Increase the Child Tax Credit from $1,000 to $5,000
* Make the lower 15% rate on Capital Gains and Dividends permanent – this will make our rate competitive with European nations
* Repeal the Alternative Minimum Tax on individuals
* Make all withdrawals from IRAs Tax-and Penalty-Free
* Permanently repeal required distributions on retirement accounts
* Increase by 50% the tax deduction on student loans and the tax deduction on qualified higher education expenses
* Allow small business to take a tax deduction equal to 20% of their income
* Make unemployment benefits tax free so people between jobs can focus on providing for their families
* Offer home-buyers a $7,500 credit to encourage responsible buyers to enter the housing market and stabilize prices.