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BBB screwing over professional gamblers is 180

...
amber rigor
  07/02/25
how does it do that?
Red mind-boggling menage
  07/02/25
limits gambling loss offsets to 90%. so say you break even w...
amber rigor
  07/02/25
...
crystalline vengeful gaping
  07/02/25
wow lol
Red mind-boggling menage
  07/02/25
...
crystalline vengeful gaping
  07/02/25
This is actually very good
Galvanic disrespectful range legal warrant
  07/02/25
...
Filthy orchestra pit dog poop
  07/04/25
LOL, fuck CSLG
ebony talented striped hyena hissy fit
  07/02/25
wow
passionate chrome patrolman foreskin
  07/02/25
Lol
Filthy orchestra pit dog poop
  07/04/25
or in this guy's case, you pay tx on $1 million!
ebony talented striped hyena hissy fit
  07/04/25
all of those professional gamblers and poker players are com...
stimulating mint lay
  07/02/25
yeah this is like raising taxes on income from drug traffick...
insane pea-brained internal respiration
  07/02/25
Pros aren't using apps.
Marvelous Toaster Pozpig
  07/02/25
no shit. im agreeing that this wont hurt the pros but seems ...
insane pea-brained internal respiration
  07/02/25
You can't deduct losses at all unless you are a pro.
Marvelous Toaster Pozpig
  07/02/25
i get that youre running retard shtick bait now but we all k...
insane pea-brained internal respiration
  07/02/25
why did that even get added? seems totally random considerin...
Autistic Fighting Associate
  07/02/25
someone in the senate added it last minute. no idea who, but...
amber rigor
  07/02/25
...
Embarrassed to the bone ape
  07/02/25
This is 180. Get the pros out.
Marvelous Toaster Pozpig
  07/02/25
...
Aromatic twinkling immigrant
  07/04/25
this guy: https://frontofficesports.com/mike-crapo-gambin...
ebony talented striped hyena hissy fit
  07/04/25
Lol 180
Filthy orchestra pit dog poop
  07/04/25
Yeah, now if only they had done the same thing with upping t...
Filthy orchestra pit dog poop
  07/04/25
they should update the outdated jackpot threshold while they...
Splenetic school cafeteria
  07/02/25
The Kenny Amendment
Pungent curious corn cake
  07/02/25
The Better Business Bureau are unelected tyrants
Shimmering Swashbuckling Trailer Park Newt
  07/02/25
.
Spruce up-to-no-good area degenerate
  07/02/25
...
greedy theatre circlehead
  07/05/25
I love how the party of limited government thinks it's 180 f...
diverse masturbator gaming laptop
  07/02/25
Just win your bets dude
Shimmering Swashbuckling Trailer Park Newt
  07/02/25
correct -- pick winners at a 60% rate to break even and then...
unhinged indirect expression tattoo
  07/02/25
? I you bet $100 and you lose $100, you don't need to pay...
Galvanic disrespectful range legal warrant
  07/03/25
I think this bill was the opening of war on tipping. I'm not...
bossy chestnut multi-billionaire
  07/03/25
180
Scarlet irradiated sandwich depressive
  07/03/25
I bet 90-95% of professional gamblers voted for Trump/Cons. ...
ebony talented striped hyena hissy fit
  07/04/25
“If this goes through as it is written, I would basica...
Aromatic twinkling immigrant
  07/04/25
oh man...the poker ecosystem is unlikely to survive! What w...
Beta Stead
  07/04/25
...
amber rigor
  07/04/25
we should crowdsource buying the syndication rights to Poker...
Aromatic twinkling immigrant
  07/04/25
I wonder why they picked 90%, seems so arbitrary. only thin...
ebony talented striped hyena hissy fit
  07/04/25
180 but it should tax all wins from sports gambling apps at ...
aquamarine tantric pit fortuitous meteor
  07/04/25
...
copper electric jap
  07/04/25
Tbh I'd be fine with leaving poker alone as long as we can p...
Filthy orchestra pit dog poop
  07/05/25
Trade or business expense for professional gamblers and is 1...
bonkers slimy main people
  07/04/25
can an AI give legal advice?
ebony talented striped hyena hissy fit
  07/04/25
online poker was fucked already and hardly anyone was making...
bright exhilarant church building community account
  07/04/25
How does the government know how much you won or lost playin...
wine candlestick maker corner
  07/04/25
https://x.com/PhilGalfond/status/1940198538493010316
wine candlestick maker corner
  07/04/25
cr it's obviously a big deal if you're a high volume poker p...
passionate chrome patrolman foreskin
  07/05/25
https://forumserver.twoplustwo.com/29/news-views-gossip/big-...
wine candlestick maker corner
  07/04/25
https://x.com/Benny_Lapdance/status/1941168230984466799
ebony talented striped hyena hissy fit
  07/04/25
if a lib did this xo would be screeching at the top of its l...
adventurous electric furnace
  07/05/25
not allowing GC twats to create a Biff future is core conser...
Aromatic twinkling immigrant
  07/05/25


Poast new message in this thread



Reply Favorite

Date: July 2nd, 2025 1:06 PM
Author: amber rigor



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



Reply Favorite

Date: July 2nd, 2025 1:07 PM
Author: Red mind-boggling menage

how does it do that?

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



Reply Favorite

Date: July 2nd, 2025 1:09 PM
Author: amber rigor

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...id#49066395)



Reply Favorite

Date: July 2nd, 2025 1:12 PM
Author: crystalline vengeful gaping



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



Reply Favorite

Date: July 2nd, 2025 1:12 PM
Author: Red mind-boggling menage

wow lol

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



Reply Favorite

Date: July 2nd, 2025 1:12 PM
Author: crystalline vengeful gaping



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



Reply Favorite

Date: July 2nd, 2025 1:14 PM
Author: Galvanic disrespectful range legal warrant

This is actually very good

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



Reply Favorite

Date: July 4th, 2025 9:20 PM
Author: Filthy orchestra pit dog poop



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



Reply Favorite

Date: July 2nd, 2025 1:30 PM
Author: ebony talented striped hyena hissy fit

LOL, fuck CSLG

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



Reply Favorite

Date: July 2nd, 2025 6:31 PM
Author: passionate chrome patrolman foreskin

wow

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



Reply Favorite

Date: July 4th, 2025 9:20 PM
Author: Filthy orchestra pit dog poop

Lol

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



Reply Favorite

Date: July 4th, 2025 11:38 PM
Author: ebony talented striped hyena hissy fit

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

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



Reply Favorite

Date: July 2nd, 2025 1:13 PM
Author: stimulating mint lay

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...id#49066412)



Reply Favorite

Date: July 2nd, 2025 4:12 PM
Author: insane pea-brained internal respiration

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...id#49066858)



Reply Favorite

Date: July 2nd, 2025 5:14 PM
Author: Marvelous Toaster Pozpig

Pros aren't using apps.

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



Reply Favorite

Date: July 2nd, 2025 6:13 PM
Author: insane pea-brained internal respiration

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...id#49067122)



Reply Favorite

Date: July 2nd, 2025 6:28 PM
Author: Marvelous Toaster Pozpig

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

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



Reply Favorite

Date: July 2nd, 2025 6:34 PM
Author: insane pea-brained internal respiration

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...id#49067177)



Reply Favorite

Date: July 2nd, 2025 1:13 PM
Author: Autistic Fighting Associate

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...id#49066413)



Reply Favorite

Date: July 2nd, 2025 1:14 PM
Author: amber rigor

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...id#49066416)



Reply Favorite

Date: July 2nd, 2025 3:01 PM
Author: Embarrassed to the bone ape



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



Reply Favorite

Date: July 2nd, 2025 3:44 PM
Author: Marvelous Toaster Pozpig

This is 180. Get the pros out.

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



Reply Favorite

Date: July 4th, 2025 5:12 PM
Author: Aromatic twinkling immigrant



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



Reply Favorite

Date: July 4th, 2025 6:09 PM
Author: ebony talented striped hyena hissy fit

this guy:

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

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



Reply Favorite

Date: July 4th, 2025 9:22 PM
Author: Filthy orchestra pit dog poop

Lol 180

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



Reply Favorite

Date: July 4th, 2025 9:21 PM
Author: Filthy orchestra pit dog poop

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...id#49072919)



Reply Favorite

Date: July 2nd, 2025 3:18 PM
Author: Splenetic school cafeteria

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...id#49066723)



Reply Favorite

Date: July 2nd, 2025 3:28 PM
Author: Pungent curious corn cake

The Kenny Amendment

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



Reply Favorite

Date: July 2nd, 2025 4:08 PM
Author: Shimmering Swashbuckling Trailer Park Newt

The Better Business Bureau are unelected tyrants

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



Reply Favorite

Date: July 2nd, 2025 5:15 PM
Author: Spruce up-to-no-good area degenerate

.

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



Reply Favorite

Date: July 5th, 2025 9:46 AM
Author: greedy theatre circlehead



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



Reply Favorite

Date: July 2nd, 2025 4:16 PM
Author: diverse masturbator gaming laptop

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...id#49066874)



Reply Favorite

Date: July 2nd, 2025 4:20 PM
Author: Shimmering Swashbuckling Trailer Park Newt

Just win your bets dude

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



Reply Favorite

Date: July 2nd, 2025 6:28 PM
Author: unhinged indirect expression tattoo

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...id#49067163)



Reply Favorite

Date: July 3rd, 2025 5:07 AM
Author: Galvanic disrespectful range legal warrant

?

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...id#49068291)



Reply Favorite

Date: July 3rd, 2025 5:26 AM
Author: bossy chestnut multi-billionaire

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...id#49068294)



Reply Favorite

Date: July 3rd, 2025 11:46 AM
Author: Scarlet irradiated sandwich depressive

180

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



Reply Favorite

Date: July 4th, 2025 5:10 PM
Author: ebony talented striped hyena hissy fit

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...id#49072403)



Reply Favorite

Date: July 4th, 2025 5:15 PM
Author: Aromatic twinkling immigrant

“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...id#49072406)



Reply Favorite

Date: July 4th, 2025 5:29 PM
Author: Beta Stead

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...id#49072432)



Reply Favorite

Date: July 4th, 2025 5:32 PM
Author: amber rigor



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



Reply Favorite

Date: July 4th, 2025 5:42 PM
Author: Aromatic twinkling immigrant

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...id#49072459)



Reply Favorite

Date: July 4th, 2025 5:42 PM
Author: ebony talented striped hyena hissy fit

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...id#49072458)



Reply Favorite

Date: July 4th, 2025 5:42 PM
Author: aquamarine tantric pit fortuitous meteor

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...id#49072455)



Reply Favorite

Date: July 4th, 2025 5:46 PM
Author: copper electric jap



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



Reply Favorite

Date: July 5th, 2025 10:37 AM
Author: Filthy orchestra pit dog poop

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...id#49073762)



Reply Favorite

Date: July 4th, 2025 5:52 PM
Author: bonkers slimy main people

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...id#49072486)



Reply Favorite

Date: July 4th, 2025 6:10 PM
Author: ebony talented striped hyena hissy fit

can an AI give legal advice?

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



Reply Favorite

Date: July 4th, 2025 6:13 PM
Author: bright exhilarant church building community account

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...id#49072549)



Reply Favorite

Date: July 4th, 2025 8:56 PM
Author: wine candlestick maker corner

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...id#49072883)



Reply Favorite

Date: July 4th, 2025 9:47 PM
Author: wine candlestick maker corner

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

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



Reply Favorite

Date: July 5th, 2025 9:40 AM
Author: passionate chrome patrolman foreskin

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...id#49073697)



Reply Favorite

Date: July 4th, 2025 9:51 PM
Author: wine candlestick maker corner

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...id#49072977)



Reply Favorite

Date: July 4th, 2025 11:38 PM
Author: ebony talented striped hyena hissy fit

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

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



Reply Favorite

Date: July 5th, 2025 9:47 AM
Author: adventurous electric furnace

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...id#49073707)



Reply Favorite

Date: July 5th, 2025 10:06 AM
Author: Aromatic twinkling immigrant

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...id#49073722)