Accelerated depreciation, though, with a new product, a new modality, a new widget, would require more intense review by your department. How do you do that when new technologies...? Do you have experts within your own department who will go over and say that this new product that does wonderful things, that was invented only last year in Germany, is a great product, will do wonderful things, will have an ancillary effect throughout the economy, but that product will probably wear out in three years, not five years? As a result of the way in which you've structured the Income Tax Act, the effect of depreciation is actually a loss to the manufacturer who is trying to stay current with other industries.
On October 17th, 2006. See this statement in context.