At the National Prayer Breakfast last week, seeking theological underpinning for his drive to raise taxes on the rich, President Obama invoked the highest possible authority. His policy, he testified “as a Christian,” “coincides with Jesus’s teaching that ‘for unto whom much is given, much shall be required.’ ” Read full article > >

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The Gospel according to Obama

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’

Enjoy the government’s new airfare rule. It might not last. On Jan. 26, the Transportation Department began requiring airlines and ticket agents to quote fares that include all mandatory taxes and fees. Since 1988, they’d been allowed to advertise fares that didn’t include government-imposed taxes and fees. Read full article > >

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The Navigator: Bill aims to scuttle new airfare pricing rule

President Obama calls it “ the defining issue of our time” : forging a fairer economy by reversing years of widening income inequality and building a strong middle class. And for much of last week, beginning with Tuesday’s State of the Union address, Obama made proposals to do that, unveiling plans to levy higher taxes on the rich, provide financial incentives to companies that manufacture domestically and invest in education and transportation. Read full article > >

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Obama’s push to revive middle class will clash with long-term trends

At an event in Las Vegas this afternoon, Obama offered his most extensive rebuttal by far to the bogus GOP charge that the push for higher taxes on the wealthy is about “class warfare” and “envy.” The whole thing is worth a watch — the tone was not one of outrage, but one laced with a good deal of mockery and derision: Read full article > >

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Greg Sargent: Obama heaps mockery on Romney’s `envy’ charge

Times reporters look into the specifics of the Romney tax returns.

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The Caucus: Inside the Romney Tax Returns

India’s highest court says that Vodafone is not liable for taxes and penalties amounting to $4.4bn (£2.8bn) in back taxes and penalties.

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Vodafone not liable for India tax

Bought cheap through Bain, helped avoid taxes.

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Romney Gave Stock to Mormon Church

If Mitt Romney is the Republican presidential nominee, by the general election, his taxes might seem like old news.

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The Caucus: A Case of Good Timing, Perhaps, in Romney’s Tax Disclosure

And then there were five … which made for a feisty evening of misstatements. We focused on 11, and may come back for more later in the week. Let’s take them in the order in which they were made. “As [House] speaker, I came back, working with President Bill Clinton. We passed a very Reagan-like program: less regulation, lower taxes. Unemployment dropped to 4.2 percent. We created 11 million jobs.” Read full article > >

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Fact Checking the Fox News-WSJ debate in South Carolina

Gov. Jerry Brown called on California voters to approve $6.9 billion in temporary new taxes, including a surcharge on big earners.

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Jerry Brown Asks California Voters to Pay $6.9 Billion in New Taxes

Announcing spending cuts and higher taxes to address a wide budget deficit, Spain admitted its finances were probably even worse because of reckless outlays by its autonomous regions.

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As Spain Trims Deficits, Scrutiny Falls on Regional Governments

On Jan. 24, the Transportation Department will enforce a rule requiring that any advertised price for air travel include all taxes and government fees.

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Airfares With Less Fine Print

BOSTON — When Mitt Romney was governor, he had a routine: Every Monday afternoon at 3, he would meet with the two Democrats who controlled the Massachusetts legislature. They rotated offices each week and, over cheese, juice and popcorn, the three negotiated the budget, taxes and health care. Sometimes they just chitchatted about movies, leaving Romney to wonder whether he had just wasted an hour. Read full article > >

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Romney touts himself as successful consenus builder

Critics predict one extension will lead to another as politicians balk at raising taxes to their former level, especially if unemployment remains high.

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Disagreement Over Payroll Tax Cut’s Impact on Social Security