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WSJ.com: Economy
Economy

WSJ.com: Economy
  • Stimulus Would Expand Tax Credit
    Obama met with lawmakers to begin selling his stimulus plan as his advisers offered more details, including a proposal to expand the child tax credit for poor families.

  • Obama Eyes $300 Billion Tax Cut
    Obama and congressional Democrats are crafting a plan to offer about $300 billion in tax cuts. The proposals, if enacted, in two years could have more impact than either of Bush's tax cuts did in their first two years.

  • Outlook Shifts on U.K. Economic Recovery
    The U.K. government has quashed what little optimism was left in its outlook for 2009, saying previous predictions that the economy will start to recover in the second half look doubtful.

  • German Leaders Agree to Stimulus
    Germany's ruling coalition agreed to the broad outlines of a fiscal-stimulus program valued at as much as $69 billion this year and next.

  • Construction Spending Exceeds Expectations
    Spending on U.S. construction projects is holding up better than expected, but it is likely to falter in the coming months.


Tax Alert for Owners:
IRS Treasury regulation requires property managers to give property owners and repairmen IRS Tax Form 1099-MISC for money given to them in excess of $600.
Featured Property

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Carmichael duplex near American River College and Fair Oaks Blvd. Great owner-occupied with rental. $399,900.