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Walker says property taxes will be cut in budget

MADISON, Wis. (AP) — Gov. Scott Walker says he will deliver a state budget on Feb. 3 that cuts property taxes, but he’s making no promises about lowering income or corporate taxes.

Walker delivered that news Thursday at an economic forecast luncheon at a meeting of the Wisconsin Bankers Association.

Walker says, “It’s going to be tough to cut all the taxes we’d like to cut all at once.”

The state faces a $2.2 billion shortfall for the budget that begins in July and runs for two years. Walker said he will give more details about his plans for state government mergers and other initiatives in his State of the State speech Tuesday.

But he said most of the details will have to wait until next month’s budget address.

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