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Budget committee Democrats push through tax increases

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The state Legislature's Joint Finance Committee has endorsed two major tax increases in Gov. Jim Doyle's state budget.

The eight Republicans on the panel were not able to stop the eight Democrats Thursday from voting to double the state transfer fee for home sales.

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By the same vote, the committee also approved a doubling of the limit on local property tax increases, from 2 percent a year to 4. The home-selling fee would be an extra $300 on a $100,000 property.

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