Bullet Points – Gander Mountain & Tax free gun days in SC

NOW YOU SEE IT . . . Last week, President-elect Obama’s transition Web site, change.gov, posted the administation’s agenda for curtailing Americans’ Second Amendment rights and then, oddly, took down the information after just two days. An NSSF news release responded to the Obama agenda and pointed out that gun owners were right to be concerned about the Obama-Biden team, given their past anti-gun records. The Web site’s original statement on semiautomatic rifles intentionally misled readers by referring to these commonplace firearms as “weapons that belong on foreign battlefields.” Interestingly, that reference has been eliminated in the agenda that has been re-posted to the site under Urban Policy, although the intention to make permanent the expired 1994 Assault Weapons Ban remains, among other troubling gun-control measures. NSSF encourages readers to read its release to stay vigilant on the President-elect’s agenda.

A HOLIDAY WORTH CELEBRATING . . . South Carolina will waive the state’s sales tax on purchases of handguns, rifles and shotguns Nov. 28- 29 during its first “Second Amendment Sales Tax Holiday.” The 48-hour tax break on firearm purchases begins at 12:01 a.m. Nov. 28 and continues through midnight Nov. 29. The tax exemption also applies to any local sales and use tax. The South Carolina Department of Revenue has posted a list of exempt and non-exempt items and answers to some of the most frequently asked questions at its Web site, www.sctax.org, under the “What’s New” section.

GANDER MOUNTAIN REPORTS THIRD-QUARTER PROFIT . . . Outdoor retailer Gander Mountain Co. (NASDAQ:GMTN) announced preliminary third-quarter results on Thursday, reporting a profit of $700,000. The St. Paul, Minn.-based company said retail segment income was $3.6 million, compared to a loss of $5.1 million in the third quarter last year. Third-quarter sales increased 4 percent to $270 million, however; same-store sales — or sales at stores open at least a year — declined 6.5 percent compared to the same period a year ago.