For instance, only one of the major provisions - the additional depreciation allowance for business property - has gone away.
Capital spending is usually harder to stimulate directly, although generous new depreciation allowances have already been created.
In the last several months, state and Federal regulators, working together, have begun approving much bigger depreciation allowances for phone companies.
For commercial property, whether there is a depreciation allowance depends on the local state taxation system.
These often receive favorable tax treatment (depreciation allowance) over short-term assets.
In addition, owners who rent out their homes for more than a year may be able to claim a depreciation allowance on the property.
In addition, the homeowner benefits from tax deductions that include a depreciation allowance for the rental unit.
Heavy construction has also slowed, he said, because of less favorable depreciation allowances under new tax laws.
He set the bank's basket band at 26 to 41, which then represented an additional depreciation allowance of 10pc.
They've pulled the investment tax credit and cut back on the depreciation allowance.