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Published February 15, 2011, 11:14 AM

Minnesota Budget

At least half of Gov. Mark Dayton's fix to Minnesota's budget deficit comes from higher income taxes on the wealthy.

By: Associated Press, WDAZ

ST. PAUL, Minn. (AP) - At least half of Gov. Mark Dayton's fix to Minnesota's budget deficit comes from higher income taxes on the wealthy.

Dayton on Tuesday outlined a two-year, $37 billion budget. It calls for more than $3.35 billion in new income taxes, which he says would fall on the top 5 percent of income earners.

Minnesota faces a $6.2 billion shortfall over the next two years.

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