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BBB screwing over professional gamblers is 180

...
Lemon Resort Trust Fund
  07/02/25
how does it do that?
curious swollen address round eye
  07/02/25
limits gambling loss offsets to 90%. so say you break even w...
Lemon Resort Trust Fund
  07/02/25
...
nudist theatre jew
  07/02/25
wow lol
curious swollen address round eye
  07/02/25
...
nudist theatre jew
  07/02/25
This is actually very good
Bull headed cordovan background story institution
  07/02/25
...
Brilliant passionate dingle berry roast beef
  07/04/25
LOL, fuck CSLG
bespoke tantric pistol pit
  07/02/25
wow
stubborn private investor temple
  07/02/25
Lol
Brilliant passionate dingle berry roast beef
  07/04/25
or in this guy's case, you pay tx on $1 million!
bespoke tantric pistol pit
  07/04/25
all of those professional gamblers and poker players are com...
Iridescent Aromatic Travel Guidebook
  07/02/25
yeah this is like raising taxes on income from drug traffick...
sable cuckoldry menage
  07/02/25
Pros aren't using apps.
low-t hairless striped hyena chapel
  07/02/25
no shit. im agreeing that this wont hurt the pros but seems ...
sable cuckoldry menage
  07/02/25
You can't deduct losses at all unless you are a pro.
low-t hairless striped hyena chapel
  07/02/25
i get that youre running retard shtick bait now but we all k...
sable cuckoldry menage
  07/02/25
why did that even get added? seems totally random considerin...
smoky death wish fortuitous meteor
  07/02/25
someone in the senate added it last minute. no idea who, but...
Lemon Resort Trust Fund
  07/02/25
...
boyish toaster hospital
  07/02/25
This is 180. Get the pros out.
low-t hairless striped hyena chapel
  07/02/25
...
ruby bearded juggernaut university
  07/04/25
this guy: https://frontofficesports.com/mike-crapo-gambin...
bespoke tantric pistol pit
  07/04/25
Lol 180
Brilliant passionate dingle berry roast beef
  07/04/25
Yeah, now if only they had done the same thing with upping t...
Brilliant passionate dingle berry roast beef
  07/04/25
they should update the outdated jackpot threshold while they...
naked mediation liquid oxygen
  07/02/25
The Kenny Amendment
impertinent thriller nibblets garrison
  07/02/25
The Better Business Bureau are unelected tyrants
splenetic dead whorehouse friendly grandma
  07/02/25
.
buck-toothed fat ankles
  07/02/25
...
rough-skinned genital piercing ceo
  07/05/25
I love how the party of limited government thinks it's 180 f...
excitant insanely creepy clown
  07/02/25
Just win your bets dude
splenetic dead whorehouse friendly grandma
  07/02/25
correct -- pick winners at a 60% rate to break even and then...
Azure brethren
  07/02/25
? I you bet $100 and you lose $100, you don't need to pay...
Bull headed cordovan background story institution
  07/03/25
I think this bill was the opening of war on tipping. I'm not...
Balding comical trailer park circlehead
  07/03/25
180
Supple church building
  07/03/25
I bet 90-95% of professional gamblers voted for Trump/Cons. ...
bespoke tantric pistol pit
  07/04/25
“If this goes through as it is written, I would basica...
ruby bearded juggernaut university
  07/04/25
oh man...the poker ecosystem is unlikely to survive! What w...
Pale drunken roommate factory reset button
  07/04/25
...
Lemon Resort Trust Fund
  07/04/25
we should crowdsource buying the syndication rights to Poker...
ruby bearded juggernaut university
  07/04/25
I wonder why they picked 90%, seems so arbitrary. only thin...
bespoke tantric pistol pit
  07/04/25
180 but it should tax all wins from sports gambling apps at ...
flushed plaza persian
  07/04/25
...
Lascivious State Love Of Her Life
  07/04/25
Tbh I'd be fine with leaving poker alone as long as we can p...
Brilliant passionate dingle berry roast beef
  07/05/25
Trade or business expense for professional gamblers and is 1...
ultramarine adventurous senate becky
  07/04/25
can an AI give legal advice?
bespoke tantric pistol pit
  07/04/25
online poker was fucked already and hardly anyone was making...
histrionic rigpig casino
  07/04/25
How does the government know how much you won or lost playin...
galvanic philosopher-king orchestra pit
  07/04/25
https://x.com/PhilGalfond/status/1940198538493010316
galvanic philosopher-king orchestra pit
  07/04/25
cr it's obviously a big deal if you're a high volume poker p...
stubborn private investor temple
  07/05/25
https://forumserver.twoplustwo.com/29/news-views-gossip/big-...
galvanic philosopher-king orchestra pit
  07/04/25
https://x.com/Benny_Lapdance/status/1941168230984466799
bespoke tantric pistol pit
  07/04/25
lol this is EXACTLY what I voted for. Get a real job, deadb...
animeboi
  11/15/25
...
richard clock
  11/15/25
if a lib did this xo would be screeching at the top of its l...
Yellow beady-eyed area
  07/05/25
not allowing GC twats to create a Biff future is core conser...
ruby bearded juggernaut university
  07/05/25
damn this thread is full of dorks
tats
  11/15/25


Poast new message in this thread



Reply Favorite

Date: July 2nd, 2025 1:06 PM
Author: Lemon Resort Trust Fund



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



Reply Favorite

Date: July 2nd, 2025 1:07 PM
Author: curious swollen address round eye

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: Lemon Resort Trust Fund

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: nudist theatre jew



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



Reply Favorite

Date: July 2nd, 2025 1:12 PM
Author: curious swollen address round eye

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: nudist theatre jew



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



Reply Favorite

Date: July 2nd, 2025 1:14 PM
Author: Bull headed cordovan background story institution

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: Brilliant passionate dingle berry roast beef



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



Reply Favorite

Date: July 2nd, 2025 1:30 PM
Author: bespoke tantric pistol pit

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: stubborn private investor temple

wow

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



Reply Favorite

Date: July 4th, 2025 9:20 PM
Author: Brilliant passionate dingle berry roast beef

Lol

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



Reply Favorite

Date: July 4th, 2025 11:38 PM
Author: bespoke tantric pistol pit

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: Iridescent Aromatic Travel Guidebook

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: sable cuckoldry menage

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: low-t hairless striped hyena chapel

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: sable cuckoldry menage

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: low-t hairless striped hyena chapel

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: sable cuckoldry menage

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: smoky death wish fortuitous meteor

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: Lemon Resort Trust Fund

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: boyish toaster hospital



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



Reply Favorite

Date: July 2nd, 2025 3:44 PM
Author: low-t hairless striped hyena chapel

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: ruby bearded juggernaut university



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



Reply Favorite

Date: July 4th, 2025 6:09 PM
Author: bespoke tantric pistol pit

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: Brilliant passionate dingle berry roast beef

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: Brilliant passionate dingle berry roast beef

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: naked mediation liquid oxygen

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: impertinent thriller nibblets garrison

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: splenetic dead whorehouse friendly grandma

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: buck-toothed fat ankles

.

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



Reply Favorite

Date: July 5th, 2025 9:46 AM
Author: rough-skinned genital piercing ceo



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



Reply Favorite

Date: July 2nd, 2025 4:16 PM
Author: excitant insanely creepy clown

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: splenetic dead whorehouse friendly grandma

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: Azure brethren

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: Bull headed cordovan background story institution

?

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: Balding comical trailer park circlehead

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: Supple church building

180

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



Reply Favorite

Date: July 4th, 2025 5:10 PM
Author: bespoke tantric pistol pit

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: ruby bearded juggernaut university

“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: Pale drunken roommate factory reset button

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: Lemon Resort Trust Fund



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



Reply Favorite

Date: July 4th, 2025 5:42 PM
Author: ruby bearded juggernaut university

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: bespoke tantric pistol pit

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: flushed plaza persian

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: Lascivious State Love Of Her Life



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



Reply Favorite

Date: July 5th, 2025 10:37 AM
Author: Brilliant passionate dingle berry roast beef

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: ultramarine adventurous senate becky

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: bespoke tantric pistol pit

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: histrionic rigpig casino

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: galvanic philosopher-king orchestra pit

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: galvanic philosopher-king orchestra pit

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: stubborn private investor temple

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: galvanic philosopher-king orchestra pit

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: bespoke tantric pistol pit

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

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



Reply Favorite

Date: November 15th, 2025 11:51 AM
Author: animeboi (.)

lol this is EXACTLY what I voted for. Get a real job, deadbeat.

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2#49432990)



Reply Favorite

Date: November 15th, 2025 2:03 PM
Author: richard clock



(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2#49433290)



Reply Favorite

Date: July 5th, 2025 9:47 AM
Author: Yellow beady-eyed area

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: ruby bearded juggernaut university

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)



Reply Favorite

Date: November 15th, 2025 11:45 AM
Author: tats

damn this thread is full of dorks

(http://www.autoadmit.com/thread.php?thread_id=5745336&forum_id=2#49432984)