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Non-Tech : Littlefield Corporation (LTFD) -- Ignore unavailable to you. Want to Upgrade?

To: Ed Pettee who wrote (5775)	12/21/1997 10:41:00 AM
From: T.K. Allen	Read Replies (2) \| Respond to of 10368

Ed: Thanks for the link. There are a couple of very telling comments in this article. I quote: Rep. Bob Walker, R-Spartanburg, is pushing legislation that would delete the legal provision allowing video poker to exist. That could be a long-shot plan in a Legislature where poker lobbyists have long held sway, he concedes. Yet he also worries about compromising in favor of tighter rules and higher taxes because that implies acceptance of the industry. "One thing I know is that once we put counters and a 25 percent tax on them, we know they're here to stay," Walker said. "I'm in a dilemma about that." Rep. Walker acknowledges that poker lobbyists hold sway in the General Assembly (the Governor said the same thing a month or two ago). Walker concedes his plan to eliminate poker is a "long-shot". He states that agreeing to taxes and regulations means accepting the industry. He also indicates a 25% tax. The bill currently on file calls for a 50% tax. I repeat, all the current anti-poker noise is nothing more than efforts to establish bargaining position. Start high (50% tax, threaten to banish the industry, etc.) then negotiate down to what you think you can actually attain (25% tax and additional regulations). TKA