On Monday I’m introducing the FAIR BET Act, the Fair Accounting for Income Realized from Betting Earnings Taxation Act, to permanently restore the 100% loss deduction from gambling winnings.
I welcome all other members to join this common sense fix.
Buried within the BS Republican Budget bill is a provision that harms poker players and those who gamble by limiting loss deductions. I’m working on a legislative fix that fairly treats gaming losses in the tax code.
2024 Recap: +$225k total profit (around 15k off pikkit) 🤑
To celebrate, I’m going to be giving away $100 cash + 1 free month in @OxJuiced VIP 🎁
Like and RT to enter, winner will be announced before SNF kickoff!