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NEWS STORIES

Burke says too soon to spend Wisconsin surplusSubmitted: 02/10/2014
Story By Associated Press


MILWAUKEE - Democratic gubernatorial candidate Mary Burke is calling Republican Gov. Scott
Walker's tax cut plan irresponsible.

Walker has proposed using about $500 million of the state's projected $977
million on income and property tax cuts. The Assembly is scheduled to vote on
his plan Tuesday.

But Burke says it's too soon to be spending a projected surplus. She says last
year was a good year for the stock market, but the first few weeks of this year
haven't been as good. She says the stock market influences income tax
collections and spending, which affects sales tax revenues.

Burke says that she would devote half of any projected surplus to paying down
debt. Then she would divide the remainder between property tax credits and job
training.



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