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Non-Tech : Philip Morris - A Stock For Wealth Or Poverty (MO) -- Ignore unavailable to you. Want to Upgrade?

To: don kramer who wrote (1670)	5/23/1998 11:23:00 AM
From: Jim Lou	Read Replies (1) \| Respond to of 6439

Thanks for the article, don. I have trouble understanding the following lines: "if both the Conrad and Gregg amendments pass, the tobacco bill becomes less appealing to most Republicans, since there would be no incentive for the industry to return to the table, and the bill becomes a giant tax hike, rather than a price increase by the industry." Could you or someone please explain? Why "no incentive" and "becomes a giant tax hike?"