Operating Surplus refers to the balance of the value added created by the resident units deducting the labourersre m unera-' tion , taxes on production and the depreciation of fixed assets.

Says he would extend the production Tax Credit for five years to encourage the production of renewable energy like wind power, solar power and geothermal energy.

A simple consumption tax of, say, 5% would significantly reduce the country's huge government deficit without damaging productivity.