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BBB screwing over professional gamblers is 180

...
Cerebral resort
  07/02/25
how does it do that?
Adventurous roast beef
  07/02/25
limits gambling loss offsets to 90%. so say you break even w...
Cerebral resort
  07/02/25
...
Irate Galvanic Faggotry
  07/02/25
wow lol
Adventurous roast beef
  07/02/25
...
Irate Galvanic Faggotry
  07/02/25
This is actually very good
cowardly crimson toilet seat
  07/02/25
...
iridescent 180 sex offender
  07/04/25
LOL, fuck CSLG
chartreuse irradiated private investor office
  07/02/25
wow
shimmering fragrant friendly grandma
  07/02/25
Lol
iridescent 180 sex offender
  07/04/25
or in this guy's case, you pay tx on $1 million!
chartreuse irradiated private investor office
  07/04/25
all of those professional gamblers and poker players are com...
Spruce kink-friendly athletic conference
  07/02/25
yeah this is like raising taxes on income from drug traffick...
mildly autistic brindle whorehouse scourge upon the earth
  07/02/25
Pros aren't using apps.
violent racy area
  07/02/25
no shit. im agreeing that this wont hurt the pros but seems ...
mildly autistic brindle whorehouse scourge upon the earth
  07/02/25
You can't deduct losses at all unless you are a pro.
violent racy area
  07/02/25
i get that youre running retard shtick bait now but we all k...
mildly autistic brindle whorehouse scourge upon the earth
  07/02/25
why did that even get added? seems totally random considerin...
Razzle-dazzle place of business legend
  07/02/25
someone in the senate added it last minute. no idea who, but...
Cerebral resort
  07/02/25
...
Magenta therapy
  07/02/25
This is 180. Get the pros out.
violent racy area
  07/02/25
...
lascivious startled associate dog poop
  07/04/25
this guy: https://frontofficesports.com/mike-crapo-gambin...
chartreuse irradiated private investor office
  07/04/25
Lol 180
iridescent 180 sex offender
  07/04/25
Yeah, now if only they had done the same thing with upping t...
iridescent 180 sex offender
  07/04/25
they should update the outdated jackpot threshold while they...
Contagious Rigpig
  07/02/25
The Kenny Amendment
Mind-boggling crackhouse clown
  07/02/25
The Better Business Bureau are unelected tyrants
thirsty milky nowag school cafeteria
  07/02/25
.
tan striped hyena
  07/02/25
...
rose low-t cruise ship
  07/05/25
I love how the party of limited government thinks it's 180 f...
Beady-eyed Blue Circlehead
  07/02/25
Just win your bets dude
thirsty milky nowag school cafeteria
  07/02/25
correct -- pick winners at a 60% rate to break even and then...
glassy appetizing meetinghouse
  07/02/25
? I you bet $100 and you lose $100, you don't need to pay...
cowardly crimson toilet seat
  07/03/25
I think this bill was the opening of war on tipping. I'm not...
Electric trust fund volcanic crater
  07/03/25
180
Diverse peach hissy fit
  07/03/25
I bet 90-95% of professional gamblers voted for Trump/Cons. ...
chartreuse irradiated private investor office
  07/04/25
“If this goes through as it is written, I would basica...
lascivious startled associate dog poop
  07/04/25
oh man...the poker ecosystem is unlikely to survive! What w...
hairless sick parlor
  07/04/25
...
Cerebral resort
  07/04/25
we should crowdsource buying the syndication rights to Poker...
lascivious startled associate dog poop
  07/04/25
I wonder why they picked 90%, seems so arbitrary. only thin...
chartreuse irradiated private investor office
  07/04/25
180 but it should tax all wins from sports gambling apps at ...
Flatulent boyish tanning salon kitty
  07/04/25
...
Aggressive fantasy-prone lodge
  07/04/25
Tbh I'd be fine with leaving poker alone as long as we can p...
iridescent 180 sex offender
  07/05/25
Trade or business expense for professional gamblers and is 1...
Supple School Faggot Firefighter
  07/04/25
can an AI give legal advice?
chartreuse irradiated private investor office
  07/04/25
online poker was fucked already and hardly anyone was making...
adulterous orange legal warrant range
  07/04/25
How does the government know how much you won or lost playin...
bateful theater
  07/04/25
https://x.com/PhilGalfond/status/1940198538493010316
bateful theater
  07/04/25
cr it's obviously a big deal if you're a high volume poker p...
shimmering fragrant friendly grandma
  07/05/25
https://forumserver.twoplustwo.com/29/news-views-gossip/big-...
bateful theater
  07/04/25
https://x.com/Benny_Lapdance/status/1941168230984466799
chartreuse irradiated private investor office
  07/04/25
if a lib did this xo would be screeching at the top of its l...
Passionate Mint National Multi-billionaire
  07/05/25
not allowing GC twats to create a Biff future is core conser...
lascivious startled associate dog poop
  07/05/25


Poast new message in this thread



Reply Favorite

Date: July 2nd, 2025 1:06 PM
Author: Cerebral resort



(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49066385)



Reply Favorite

Date: July 2nd, 2025 1:07 PM
Author: Adventurous roast beef

how does it do that?

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49066387)



Reply Favorite

Date: July 2nd, 2025 1:09 PM
Author: Cerebral resort

limits gambling loss offsets to 90%. so say you break even with 100k winnings and 100k losses. you have to pay tax on 10K income.

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49066395)



Reply Favorite

Date: July 2nd, 2025 1:12 PM
Author: Irate Galvanic Faggotry



(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49066406)



Reply Favorite

Date: July 2nd, 2025 1:12 PM
Author: Adventurous roast beef

wow lol

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49066407)



Reply Favorite

Date: July 2nd, 2025 1:12 PM
Author: Irate Galvanic Faggotry



(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49066410)



Reply Favorite

Date: July 2nd, 2025 1:14 PM
Author: cowardly crimson toilet seat

This is actually very good

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49066414)



Reply Favorite

Date: July 4th, 2025 9:20 PM
Author: iridescent 180 sex offender



(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49072917)



Reply Favorite

Date: July 2nd, 2025 1:30 PM
Author: chartreuse irradiated private investor office

LOL, fuck CSLG

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49066455)



Reply Favorite

Date: July 2nd, 2025 6:31 PM
Author: shimmering fragrant friendly grandma

wow

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49067169)



Reply Favorite

Date: July 4th, 2025 9:20 PM
Author: iridescent 180 sex offender

Lol

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49072916)



Reply Favorite

Date: July 4th, 2025 11:38 PM
Author: chartreuse irradiated private investor office

or in this guy's case, you pay tx on $1 million!

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49073183)



Reply Favorite

Date: July 2nd, 2025 1:13 PM
Author: Spruce kink-friendly athletic conference

all of those professional gamblers and poker players are complete tax frauds anyways

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49066412)



Reply Favorite

Date: July 2nd, 2025 4:12 PM
Author: mildly autistic brindle whorehouse scourge upon the earth

yeah this is like raising taxes on income from drug trafficking.

this will probably fuck over draftkings addicts which imagine is the whole point.

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49066858)



Reply Favorite

Date: July 2nd, 2025 5:14 PM
Author: violent racy area

Pros aren't using apps.

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49066987)



Reply Favorite

Date: July 2nd, 2025 6:13 PM
Author: mildly autistic brindle whorehouse scourge upon the earth

no shit. im agreeing that this wont hurt the pros but seems more targeting at the apps.

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49067122)



Reply Favorite

Date: July 2nd, 2025 6:28 PM
Author: violent racy area

You can't deduct losses at all unless you are a pro.

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49067162)



Reply Favorite

Date: July 2nd, 2025 6:34 PM
Author: mildly autistic brindle whorehouse scourge upon the earth

i get that youre running retard shtick bait now but we all know youre actually a retard too

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49067177)



Reply Favorite

Date: July 2nd, 2025 1:13 PM
Author: Razzle-dazzle place of business legend

why did that even get added? seems totally random considering how thoroughly gambling has Taken Over in the US recently

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49066413)



Reply Favorite

Date: July 2nd, 2025 1:14 PM
Author: Cerebral resort

someone in the senate added it last minute. no idea who, but its 18000000

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49066416)



Reply Favorite

Date: July 2nd, 2025 3:01 PM
Author: Magenta therapy



(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49066690)



Reply Favorite

Date: July 2nd, 2025 3:44 PM
Author: violent racy area

This is 180. Get the pros out.

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49066788)



Reply Favorite

Date: July 4th, 2025 5:12 PM
Author: lascivious startled associate dog poop



(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49072404)



Reply Favorite

Date: July 4th, 2025 6:09 PM
Author: chartreuse irradiated private investor office

this guy:

https://frontofficesports.com/mike-crapo-gambing-big-beautiful-bill/

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49072539)



Reply Favorite

Date: July 4th, 2025 9:22 PM
Author: iridescent 180 sex offender

Lol 180

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49072921)



Reply Favorite

Date: July 4th, 2025 9:21 PM
Author: iridescent 180 sex offender

Yeah, now if only they had done the same thing with upping the remittance tax and fully deregulating small arms.

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49072919)



Reply Favorite

Date: July 2nd, 2025 3:18 PM
Author: Contagious Rigpig

they should update the outdated jackpot threshold while they are at it... it was set in the 1970s at $1200 but has not been updated since then to account for inflation.

https://www.casino.org/news/legislation-increase-tax-reporting-threshold-slot-machines-reintroduced/

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49066723)



Reply Favorite

Date: July 2nd, 2025 3:28 PM
Author: Mind-boggling crackhouse clown

The Kenny Amendment

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49066753)



Reply Favorite

Date: July 2nd, 2025 4:08 PM
Author: thirsty milky nowag school cafeteria

The Better Business Bureau are unelected tyrants

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49066846)



Reply Favorite

Date: July 2nd, 2025 5:15 PM
Author: tan striped hyena

.

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49066989)



Reply Favorite

Date: July 5th, 2025 9:46 AM
Author: rose low-t cruise ship



(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49073704)



Reply Favorite

Date: July 2nd, 2025 4:16 PM
Author: Beady-eyed Blue Circlehead

I love how the party of limited government thinks it's 180 for the bill to tax bets that players never even won. What a fucking joke

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49066874)



Reply Favorite

Date: July 2nd, 2025 4:20 PM
Author: thirsty milky nowag school cafeteria

Just win your bets dude

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49066885)



Reply Favorite

Date: July 2nd, 2025 6:28 PM
Author: glassy appetizing meetinghouse

correct -- pick winners at a 60% rate to break even and then the rest is easy profit

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49067163)



Reply Favorite

Date: July 3rd, 2025 5:07 AM
Author: cowardly crimson toilet seat

?

I you bet $100 and you lose $100, you don't need to pay tax on top of the $100.

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49068291)



Reply Favorite

Date: July 3rd, 2025 5:26 AM
Author: Electric trust fund volcanic crater

I think this bill was the opening of war on tipping. I'm not doing more than 10% once tax free. Hopefully it goes to 0

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49068294)



Reply Favorite

Date: July 3rd, 2025 11:46 AM
Author: Diverse peach hissy fit

180

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49068909)



Reply Favorite

Date: July 4th, 2025 5:10 PM
Author: chartreuse irradiated private investor office

I bet 90-95% of professional gamblers voted for Trump/Cons. Amazing how they fucked them over.

Apparently it was one senator who slipped this provision in at the last minute, presumably before gambling lobbyists could spot it...

https://frontofficesports.com/mike-crapo-gambing-big-beautiful-bill/

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49072403)



Reply Favorite

Date: July 4th, 2025 5:15 PM
Author: lascivious startled associate dog poop

“If this goes through as it is written, I would basically just have to stop,” one professional gambler told FOS. “If I win $100 million and lose $99 million, that would be a great year, to have $1 million in profit! But with this bill, I would have to pay taxes on about $10 million in ‘gains’, which would turn my year into a $2 million loss.”

Poker player and author Maria Konnikova also walked through the math of how this would affect card players “If the purpose of this bill is to kill poker and stop people from playing, mission accomplished,” she told FOS. “The provision hurts you whether you have a winning year or a losing year—and the poker ecosystem is unlikely to survive the change.”

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49072406)



Reply Favorite

Date: July 4th, 2025 5:29 PM
Author: hairless sick parlor

oh man...the poker ecosystem is unlikely to survive! What will we do?

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49072432)



Reply Favorite

Date: July 4th, 2025 5:32 PM
Author: Cerebral resort



(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49072440)



Reply Favorite

Date: July 4th, 2025 5:42 PM
Author: lascivious startled associate dog poop

we should crowdsource buying the syndication rights to Poker at Night and other shows like that. people will be watching that shit for decades to get a glimpse of what once was. like watching leave it to beaver

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49072459)



Reply Favorite

Date: July 4th, 2025 5:42 PM
Author: chartreuse irradiated private investor office

I wonder why they picked 90%, seems so arbitrary. only thing I can think of is that it's targeted at slot players because dont most slot machines give 90% payback, so for slot patrons I guess this evens out and only fucks over poker players (perhaps inadvertently).

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49072458)



Reply Favorite

Date: July 4th, 2025 5:42 PM
Author: Flatulent boyish tanning salon kitty

180 but it should tax all wins from sports gambling apps at 90%

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49072455)



Reply Favorite

Date: July 4th, 2025 5:46 PM
Author: Aggressive fantasy-prone lodge



(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49072470)



Reply Favorite

Date: July 5th, 2025 10:37 AM
Author: iridescent 180 sex offender

Tbh I'd be fine with leaving poker alone as long as we can put draftkings out of business

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49073762)



Reply Favorite

Date: July 4th, 2025 5:52 PM
Author: Supple School Faggot Firefighter

Trade or business expense for professional gamblers and is 100% deductible. This is legal advice.

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49072486)



Reply Favorite

Date: July 4th, 2025 6:10 PM
Author: chartreuse irradiated private investor office

can an AI give legal advice?

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49072541)



Reply Favorite

Date: July 4th, 2025 6:13 PM
Author: adulterous orange legal warrant range

online poker was fucked already and hardly anyone was making money at it anymore.

seems like live cash players will continue underreporting. live tournaments are going to take a huge hit.

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49072549)



Reply Favorite

Date: July 4th, 2025 8:56 PM
Author: bateful theater

How does the government know how much you won or lost playing poker in Vegas? Can't you just lie about losses?

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49072883)



Reply Favorite

Date: July 4th, 2025 9:47 PM
Author: bateful theater

https://x.com/PhilGalfond/status/1940198538493010316

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49072961)



Reply Favorite

Date: July 5th, 2025 9:40 AM
Author: shimmering fragrant friendly grandma

cr it's obviously a big deal if you're a high volume poker player

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49073697)



Reply Favorite

Date: July 4th, 2025 9:51 PM
Author: bateful theater

https://forumserver.twoplustwo.com/29/news-views-gossip/big-beautiful-bill-potentially-very-bad-poker-players-us-1849192/index15.html

-No issue with this bill. Just means you need to collect 10% more losing horse betting slips!

-In reality it does suck, nothing good about, only bad. Mainly bad for high buyin tourney players and online players. Not really an issue for anyone else with some common sense.

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49072977)



Reply Favorite

Date: July 4th, 2025 11:38 PM
Author: chartreuse irradiated private investor office

https://x.com/Benny_Lapdance/status/1941168230984466799

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49073181)



Reply Favorite

Date: July 5th, 2025 9:47 AM
Author: Passionate Mint National Multi-billionaire

if a lib did this xo would be screeching at the top of its lungs about nanny state bullshit

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49073707)



Reply Favorite

Date: July 5th, 2025 10:06 AM
Author: lascivious startled associate dog poop

not allowing GC twats to create a Biff future is core conservatism, you retarded shitlib

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2).#49073722)