Says Congress needs to ‘stop this middle-class tax hike.’

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Obama: Pass Payroll Tax Cut

Low income families with parents in part-time work could lose about £4,000 a year because of a change in tax credits, Labour says.

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Tax change ‘to cost families £4k’

President Obama will send Congress a 2013 spending plan that would raise taxes on the rich and pump nearly $500 billion into new construction projects over the next decade, launching an election-year debate over the budget that promises starkly different visions for managing government debt and the sluggish economy. Read full article > >

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Budget to raise taxes on the rich, hike federal spending

France, Germany, Italy, Spain and Britain will “intensify their cooperation” to identify U.S. tax cheats in return for help in finding U.S. accounts held by residents of those countries.

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5 European Nations Agree to Help U.S. Crack Down on Tax Evasion

Harry Redknapp says his “nightmare” is over after being cleared of tax evasion along with Milan Mandaric.

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Redknapp cleared of tax evasion

Initial trials suggest millions of pounds could be saved by using “nudge” theories to encourage people to pay taxes and fines, UK officials say.

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Nudge theory trials ‘are working’

Displaying youthful vigor, Henrique Capriles sprang from his campaign van in the center of this farm-belt town on a recent day, leading his followers on a sprint along narrow streets. Teenage girls mobbed him, mothers wanted to talk about better schools, and unemployed workers asked about jobs. And some even told him: You look like Hugo Chavez did in 1998, the way you energize your followers. Read full article > >

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Venezuela’s Hugo Chavez faces tough challenge in likely foe Henrique Capriles

Former senator Bob Kerrey told The Fix on Tuesday that he will not run for the open Senate seat in Nebraska, a move that robs Democrats of their top potential recruit in a tough state. Democrats eyed a potential Senate comeback for Kerrey after Sen. Ben Nelson (D-Neb.) announced in late December that he wouldn’t seek reelection . Read full article > >

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Bob Kerrey won’t seek Nebraska Senate seat

In their debates, ads and speeches, the candidates for the Republican presidential nomination are vying for the label of most Reagan-esque. On taxes, “I take the Reagan approach,” former senator Rick Santorum said at a recent Florida debate. Read full article > >

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Why the GOP should stop invoking Reaganomics

The chairman of 82% taxpayer-owned Royal Bank of Scotland (RBS) says banker pay has been “high for too long” and needs to be corrected.

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RBS boss calls for pay correction

Quotes the Bible to explain taxing the rich.

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Obama on Taxes: What Would Jesus Do?

The head of the Student Loans Company will have tax and National Insurance payments deducted from his £182,000 pay package in future, ministers say.

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Loans boss ‘to pay tax at source’

This debate over economic inequality is getting confusing. Am I supposed to be furious that America charges Warren Buffett a lower tax rate than his secretary , or proud that this is the land that let an entrepreneur like Steve Jobs change the world? Read full article > >

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Down with rent, up with fairness

French President Nicolas Sarkozy announces the introduction of a tax on financial transactions, as the presidential election looms.

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Sarkozy sets out ‘Robin Hood’ tax

Sometimes earmarking government money pays off for U.S. lawmakers — even after they’ve left office. A new report has found seven former lawmakers who have lobbied Congress on behalf of organizations that they funded while in office. Citizens for Responsibility and Ethics in Washington found that former lawmakers have received $1.9 million in revenue from lobbying clients that they funded with taxpayer dollars when sitting in Congress. Read full article > >

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Report: 7 ex-lawmakers now lobby for groups that got earmarks