On the budget, he should promise to cut tax rates only as part of a credible, medium-term plan to stabilise the debt, and refuse to rule out raising net revenue in the process.
Emmanuel Adebayor had the ball in the net - only for referee Alan Wiley to rule the goal out for a foul on McShane as the Togo striker climbed to reach a header on 15 minutes.
Any agency rule as costly or controversial as a net neutrality mandate should not go into effect until Congress approves it.
FORBES: Lawless Net Neutrality vs. the "Resolution of Disapproval"
But extra borrowing along these lines could make it harder to meet the second fiscal rule, which says that Public Sector Net Debt must be falling in 2015-16.
Such generosity by Yankees owner George Steinbrenner , required by the league's rule that teams pay 34% of their net local revenue to help make poorer teams more competitive, is the reason why the Oakland Athletics, Minnesota Twins and Kansas City Royals increased in value by more than 20%.
Subtract all expenses and property taxes (30% of the rent is a good rule of thumb) and multiply by 12 to get the annual net operating income.
Fortunately for them Hull were even shakier and before the half-hour mark Torres doubled the lead, slipping on to a Benayoun slide-rule pass, nonchalantly rounding Ibrahima Sonko and Myhill before clipping into the net.
And they were only deprived of a lead they deserved by awful refereeing from Mike Dean, who inexplicably failed to play the advantage rule, blowing for a free-kick after Malouda turned the ball into the net from close range.
What Congress did in the 1960s was pass a rule that made REITs exempt from paying corporate income taxes as long as they paid 95% of their net income as dividends--a payout requirement that has since been lowered to 90%.
Although the details vary from country to country, a widely used rule-of-thumb says that a lease does not have to be capitalised so long as the net present value of the lease liabilities (ie, future rents) amounts to less than 90% of the value of the asset.
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