Historically, excise is a production tax. When it comes off the still, it's liable to pay the tax. In 2006, when the new rates were put in by the government at that time, it was for everything produced after July 1, 2006. Everything produced before that was already produced, so it wasn't liable to the new rate.
This budget breaks with tradition. It reaches back retroactively and grabs money from all that product that has already been produced and is aging in barrels. It is massive. The very heart of our business that is trying to appeal to the premium and super-premium tastes and demands of consumers is actually facing the highest increase.
All of that said, our concern remains the escalation that's being proposed every year.