News about tax • Donald Trump

I just introduced the FAIR BET Act with @RepRoKhanna to rightfully restore the 100% tax deduction for gaming losses. I encourage other members to support this critical fix.

The "Big Beautiful Bill" includes a provision that could destroy professional gambling in the United States. Today's newsletter explains what it all means (and why some sportsbooks appear to be cheering it on). Read more: huddleup.substack.com/p/the-new-law-that-could-kill-legal pic.x.com/W369Vu2gZr

Gamblers Say Trump's New Tax Rule Could Cost Them — Even When They Lose. www.benzinga.com/markets/equities/25/07/46264782/gamblers-say-trumps-new-tax-rule-could-cost-them-even-when-they-lose

Trump and Republicans' disastrous spending bill will hurt gaming in Nevada. @repdinatitus is leading the charge on a bipartisan fix to reverse this harmful provision. lvrj.com/post/3393623