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Walker signs tax cut bill for businesses into law

Companies that relocate to Wisconsin won?t have to pay income taxes for two years under a bill signed into law Monday by Gov. Scott Walker. Walker, a Republican, has seen his legislative agenda speed through the Republican-controlled Legislature even though he has yet to explain how he?ll pay for everything in light of the state?s projected $3 billion budget shortfall….Aid to public schools, the University of Wisconsin system, local governments and Medicaid programs were all expected to be big targets for cuts in the budget Walker will release on Feb. 22.