Earlier this year, the Big, BS Budget Bill changed how gambling losses are taxed by capping the deduction at 90%. That means some gamblers will owe taxes on money they never actually earned when they file starting in 2027.
But we still have time to fix this. As long as we restore the tax deduction on gambling losses to 100% by the end of 2026, this unfair tax hike never takes effect.
I’ll keep fighting next year to get my bipartisan #FAIRBETAct passed.
Nazis used to be the bad guys in most mainstream american media for decades and y all had no problem with it, you only do now bcs now you identify with Nazis.
The media didnt change, y all got radicalized