\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

BBB screwing over professional gamblers is 180

...
hot claret psychic hunting ground
  07/02/25
how does it do that?
violet mischievous box office
  07/02/25
limits gambling loss offsets to 90%. so say you break even w...
hot claret psychic hunting ground
  07/02/25
...
Histrionic milk
  07/02/25
wow lol
violet mischievous box office
  07/02/25
...
Histrionic milk
  07/02/25
This is actually very good
floppy narrow-minded parlor
  07/02/25
...
Cerebral citrine electric furnace legal warrant
  07/04/25
LOL, fuck CSLG
pungent know-it-all rehab haunted graveyard
  07/02/25
wow
greedy place of business
  07/02/25
Lol
Cerebral citrine electric furnace legal warrant
  07/04/25
or in this guy's case, you pay tx on $1 million!
pungent know-it-all rehab haunted graveyard
  07/04/25
all of those professional gamblers and poker players are com...
Aphrodisiac locus
  07/02/25
yeah this is like raising taxes on income from drug traffick...
Jet knife tanning salon
  07/02/25
Pros aren't using apps.
Soul-stirring Pit Trump Supporter
  07/02/25
no shit. im agreeing that this wont hurt the pros but seems ...
Jet knife tanning salon
  07/02/25
You can't deduct losses at all unless you are a pro.
Soul-stirring Pit Trump Supporter
  07/02/25
i get that youre running retard shtick bait now but we all k...
Jet knife tanning salon
  07/02/25
why did that even get added? seems totally random considerin...
soggy maroon quadroon round eye
  07/02/25
someone in the senate added it last minute. no idea who, but...
hot claret psychic hunting ground
  07/02/25
...
big lemon principal's office ceo
  07/02/25
This is 180. Get the pros out.
Soul-stirring Pit Trump Supporter
  07/02/25
...
carmine stimulating hall affirmative action
  07/04/25
this guy: https://frontofficesports.com/mike-crapo-gambin...
pungent know-it-all rehab haunted graveyard
  07/04/25
Lol 180
Cerebral citrine electric furnace legal warrant
  07/04/25
Yeah, now if only they had done the same thing with upping t...
Cerebral citrine electric furnace legal warrant
  07/04/25
they should update the outdated jackpot threshold while they...
razzle-dazzle amber codepig
  07/02/25
The Kenny Amendment
Jade thriller circlehead
  07/02/25
The Better Business Bureau are unelected tyrants
judgmental wonderful boltzmann gaping
  07/02/25
.
Cyan sanctuary depressive
  07/02/25
...
twisted cerise menage reading party
  07/05/25
I love how the party of limited government thinks it's 180 f...
emerald stain
  07/02/25
Just win your bets dude
judgmental wonderful boltzmann gaping
  07/02/25
correct -- pick winners at a 60% rate to break even and then...
Cheese-eating piazza athletic conference
  07/02/25
? I you bet $100 and you lose $100, you don't need to pay...
floppy narrow-minded parlor
  07/03/25
I think this bill was the opening of war on tipping. I'm not...
azure glittery keepsake machete rigpig
  07/03/25
180
Poppy french chef
  07/03/25
I bet 90-95% of professional gamblers voted for Trump/Cons. ...
pungent know-it-all rehab haunted graveyard
  07/04/25
“If this goes through as it is written, I would basica...
carmine stimulating hall affirmative action
  07/04/25
oh man...the poker ecosystem is unlikely to survive! What w...
Slap-happy submissive point
  07/04/25
...
hot claret psychic hunting ground
  07/04/25
we should crowdsource buying the syndication rights to Poker...
carmine stimulating hall affirmative action
  07/04/25
I wonder why they picked 90%, seems so arbitrary. only thin...
pungent know-it-all rehab haunted graveyard
  07/04/25
180 but it should tax all wins from sports gambling apps at ...
mustard adventurous church building
  07/04/25
...
Bearded Bossy Shrine
  07/04/25
Tbh I'd be fine with leaving poker alone as long as we can p...
Cerebral citrine electric furnace legal warrant
  07/05/25
Trade or business expense for professional gamblers and is 1...
Clear Arousing Step-uncle's House Laser Beams
  07/04/25
can an AI give legal advice?
pungent know-it-all rehab haunted graveyard
  07/04/25
online poker was fucked already and hardly anyone was making...
Lavender Generalized Bond Weed Whacker
  07/04/25
How does the government know how much you won or lost playin...
twinkling hissy fit address
  07/04/25
https://x.com/PhilGalfond/status/1940198538493010316
twinkling hissy fit address
  07/04/25
cr it's obviously a big deal if you're a high volume poker p...
greedy place of business
  07/05/25
https://forumserver.twoplustwo.com/29/news-views-gossip/big-...
twinkling hissy fit address
  07/04/25
https://x.com/Benny_Lapdance/status/1941168230984466799
pungent know-it-all rehab haunted graveyard
  07/04/25
if a lib did this xo would be screeching at the top of its l...
razzle chrome chapel
  07/05/25
not allowing GC twats to create a Biff future is core conser...
carmine stimulating hall affirmative action
  07/05/25


Poast new message in this thread



Reply Favorite

Date: July 2nd, 2025 1:06 PM
Author: hot claret psychic hunting ground



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



Reply Favorite

Date: July 2nd, 2025 1:07 PM
Author: violet mischievous box office

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: hot claret psychic hunting ground

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: Histrionic milk



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



Reply Favorite

Date: July 2nd, 2025 1:12 PM
Author: violet mischievous box office

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: Histrionic milk



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



Reply Favorite

Date: July 2nd, 2025 1:14 PM
Author: floppy narrow-minded parlor

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: Cerebral citrine electric furnace legal warrant



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



Reply Favorite

Date: July 2nd, 2025 1:30 PM
Author: pungent know-it-all rehab haunted graveyard

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: greedy place of business

wow

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



Reply Favorite

Date: July 4th, 2025 9:20 PM
Author: Cerebral citrine electric furnace legal warrant

Lol

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



Reply Favorite

Date: July 4th, 2025 11:38 PM
Author: pungent know-it-all rehab haunted graveyard

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: Aphrodisiac locus

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: Jet knife tanning salon

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: Soul-stirring Pit Trump Supporter

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: Jet knife tanning salon

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: Soul-stirring Pit Trump Supporter

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: Jet knife tanning salon

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: soggy maroon quadroon round eye

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: hot claret psychic hunting ground

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: big lemon principal's office ceo



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



Reply Favorite

Date: July 2nd, 2025 3:44 PM
Author: Soul-stirring Pit Trump Supporter

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: carmine stimulating hall affirmative action



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



Reply Favorite

Date: July 4th, 2025 6:09 PM
Author: pungent know-it-all rehab haunted graveyard

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: Cerebral citrine electric furnace legal warrant

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: Cerebral citrine electric furnace legal warrant

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: razzle-dazzle amber codepig

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: Jade thriller circlehead

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: judgmental wonderful boltzmann gaping

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: Cyan sanctuary depressive

.

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



Reply Favorite

Date: July 5th, 2025 9:46 AM
Author: twisted cerise menage reading party



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



Reply Favorite

Date: July 2nd, 2025 4:16 PM
Author: emerald stain

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: judgmental wonderful boltzmann gaping

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: Cheese-eating piazza athletic conference

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: floppy narrow-minded parlor

?

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: azure glittery keepsake machete rigpig

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: Poppy french chef

180

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



Reply Favorite

Date: July 4th, 2025 5:10 PM
Author: pungent know-it-all rehab haunted graveyard

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: carmine stimulating hall affirmative action

“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: Slap-happy submissive point

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: hot claret psychic hunting ground



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



Reply Favorite

Date: July 4th, 2025 5:42 PM
Author: carmine stimulating hall affirmative action

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: pungent know-it-all rehab haunted graveyard

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: mustard adventurous church building

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: Bearded Bossy Shrine



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



Reply Favorite

Date: July 5th, 2025 10:37 AM
Author: Cerebral citrine electric furnace legal warrant

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: Clear Arousing Step-uncle's House Laser Beams

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: pungent know-it-all rehab haunted graveyard

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: Lavender Generalized Bond Weed Whacker

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: twinkling hissy fit address

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: twinkling hissy fit address

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: greedy place of business

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: twinkling hissy fit address

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: pungent know-it-all rehab haunted graveyard

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: razzle chrome chapel

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: carmine stimulating hall affirmative action

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)