1.  A balanced budget meant increasing tax rates and reducing public expenditure.

2.  A bipartisan tax bill will have to bridge big differences between the parties on capital gains tax cuts.

3.  A budget that stays in balance will mean lower interest rates and an end to the hidden tax I mentioned earlier.

4.  A combination of the two processes means that you can use seven years of unused tax relief in one tax year.

5.  A conservation easement can be sold or donated, with a tax break based on its value.

6.  A deputy prime minister, Yulia Timoshenko, is facing criminal charges for tax fraud, smuggling and forgery.

7.  A flat tax, which eliminated tax on investment income, might.

8.  A good many people were upset about the new tax.

9.  A key fact about the tax benefit welfare state is that those on the highest incomes gain most.

10.  A larger problem is that the flat tax would work havoc in the national economy, and nobody knows what to expect.