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BBB screwing over professional gamblers is 180

...
bull headed stage
  07/02/25
how does it do that?
razzle nibblets
  07/02/25
limits gambling loss offsets to 90%. so say you break even w...
bull headed stage
  07/02/25
...
Chestnut university circlehead
  07/02/25
wow lol
razzle nibblets
  07/02/25
...
Chestnut university circlehead
  07/02/25
This is actually very good
Electric mahogany queen of the night
  07/02/25
...
Racy Wine National Security Agency Hissy Fit
  07/04/25
LOL, fuck CSLG
misunderstood cruise ship
  07/02/25
wow
Cruel-hearted lake patrolman
  07/02/25
Lol
Racy Wine National Security Agency Hissy Fit
  07/04/25
or in this guy's case, you pay tx on $1 million!
misunderstood cruise ship
  07/04/25
all of those professional gamblers and poker players are com...
Narrow-minded Mexican Really Tough Guy
  07/02/25
yeah this is like raising taxes on income from drug traffick...
coral chapel feces
  07/02/25
Pros aren't using apps.
saffron shrine love of her life
  07/02/25
no shit. im agreeing that this wont hurt the pros but seems ...
coral chapel feces
  07/02/25
You can't deduct losses at all unless you are a pro.
saffron shrine love of her life
  07/02/25
i get that youre running retard shtick bait now but we all k...
coral chapel feces
  07/02/25
why did that even get added? seems totally random considerin...
brilliant splenetic resort jew
  07/02/25
someone in the senate added it last minute. no idea who, but...
bull headed stage
  07/02/25
...
Olive Sound Barrier Set
  07/02/25
This is 180. Get the pros out.
saffron shrine love of her life
  07/02/25
...
Very Tactful Water Buffalo Indian Lodge
  07/04/25
this guy: https://frontofficesports.com/mike-crapo-gambin...
misunderstood cruise ship
  07/04/25
Lol 180
Racy Wine National Security Agency Hissy Fit
  07/04/25
Yeah, now if only they had done the same thing with upping t...
Racy Wine National Security Agency Hissy Fit
  07/04/25
they should update the outdated jackpot threshold while they...
Sienna passionate piazza
  07/02/25
The Kenny Amendment
Contagious lilac faggot firefighter institution
  07/02/25
The Better Business Bureau are unelected tyrants
Vibrant Indirect Expression Public Bath
  07/02/25
.
rose hairraiser state
  07/02/25
...
Henna flatulent national old irish cottage
  07/05/25
I love how the party of limited government thinks it's 180 f...
Supple buff toilet seat gas station
  07/02/25
Just win your bets dude
Vibrant Indirect Expression Public Bath
  07/02/25
correct -- pick winners at a 60% rate to break even and then...
Abusive diverse church keepsake machete
  07/02/25
? I you bet $100 and you lose $100, you don't need to pay...
Electric mahogany queen of the night
  07/03/25
I think this bill was the opening of war on tipping. I'm not...
Peach Swashbuckling Useless Brakes
  07/03/25
180
Balding doobsian sanctuary
  07/03/25
I bet 90-95% of professional gamblers voted for Trump/Cons. ...
misunderstood cruise ship
  07/04/25
“If this goes through as it is written, I would basica...
Very Tactful Water Buffalo Indian Lodge
  07/04/25
oh man...the poker ecosystem is unlikely to survive! What w...
Gay titillating fanboi boiling water
  07/04/25
...
bull headed stage
  07/04/25
we should crowdsource buying the syndication rights to Poker...
Very Tactful Water Buffalo Indian Lodge
  07/04/25
I wonder why they picked 90%, seems so arbitrary. only thin...
misunderstood cruise ship
  07/04/25
180 but it should tax all wins from sports gambling apps at ...
Insanely creepy exciting quadroon meetinghouse
  07/04/25
...
exhilarant dead preventive strike menage
  07/04/25
Tbh I'd be fine with leaving poker alone as long as we can p...
Racy Wine National Security Agency Hissy Fit
  07/05/25
Trade or business expense for professional gamblers and is 1...
bespoke poppy plaza dopamine
  07/04/25
can an AI give legal advice?
misunderstood cruise ship
  07/04/25
online poker was fucked already and hardly anyone was making...
Haunting stirring round eye
  07/04/25
How does the government know how much you won or lost playin...
Chrome irradiated forum
  07/04/25
https://x.com/PhilGalfond/status/1940198538493010316
Chrome irradiated forum
  07/04/25
cr it's obviously a big deal if you're a high volume poker p...
Cruel-hearted lake patrolman
  07/05/25
https://forumserver.twoplustwo.com/29/news-views-gossip/big-...
Chrome irradiated forum
  07/04/25
https://x.com/Benny_Lapdance/status/1941168230984466799
misunderstood cruise ship
  07/04/25
if a lib did this xo would be screeching at the top of its l...
gold sticky abode philosopher-king
  07/05/25
not allowing GC twats to create a Biff future is core conser...
Very Tactful Water Buffalo Indian Lodge
  07/05/25


Poast new message in this thread



Reply Favorite

Date: July 2nd, 2025 1:06 PM
Author: bull headed stage



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



Reply Favorite

Date: July 2nd, 2025 1:07 PM
Author: razzle nibblets

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: bull headed stage

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: Chestnut university circlehead



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



Reply Favorite

Date: July 2nd, 2025 1:12 PM
Author: razzle nibblets

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: Chestnut university circlehead



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



Reply Favorite

Date: July 2nd, 2025 1:14 PM
Author: Electric mahogany queen of the night

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: Racy Wine National Security Agency Hissy Fit



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



Reply Favorite

Date: July 2nd, 2025 1:30 PM
Author: misunderstood cruise ship

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: Cruel-hearted lake patrolman

wow

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



Reply Favorite

Date: July 4th, 2025 9:20 PM
Author: Racy Wine National Security Agency Hissy Fit

Lol

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



Reply Favorite

Date: July 4th, 2025 11:38 PM
Author: misunderstood cruise ship

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: Narrow-minded Mexican Really Tough Guy

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: coral chapel feces

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: saffron shrine love of her life

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: coral chapel feces

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: saffron shrine love of her life

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: coral chapel feces

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: brilliant splenetic resort jew

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: bull headed stage

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: Olive Sound Barrier Set



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



Reply Favorite

Date: July 2nd, 2025 3:44 PM
Author: saffron shrine love of her life

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: Very Tactful Water Buffalo Indian Lodge



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



Reply Favorite

Date: July 4th, 2025 6:09 PM
Author: misunderstood cruise ship

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: Racy Wine National Security Agency Hissy Fit

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: Racy Wine National Security Agency Hissy Fit

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: Sienna passionate piazza

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: Contagious lilac faggot firefighter institution

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: Vibrant Indirect Expression Public Bath

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: rose hairraiser state

.

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



Reply Favorite

Date: July 5th, 2025 9:46 AM
Author: Henna flatulent national old irish cottage



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



Reply Favorite

Date: July 2nd, 2025 4:16 PM
Author: Supple buff toilet seat gas station

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: Vibrant Indirect Expression Public Bath

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: Abusive diverse church keepsake machete

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: Electric mahogany queen of the night

?

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: Peach Swashbuckling Useless Brakes

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: Balding doobsian sanctuary

180

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



Reply Favorite

Date: July 4th, 2025 5:10 PM
Author: misunderstood cruise ship

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: Very Tactful Water Buffalo Indian Lodge

“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: Gay titillating fanboi boiling water

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: bull headed stage



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



Reply Favorite

Date: July 4th, 2025 5:42 PM
Author: Very Tactful Water Buffalo Indian Lodge

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: misunderstood cruise ship

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: Insanely creepy exciting quadroon meetinghouse

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: exhilarant dead preventive strike menage



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



Reply Favorite

Date: July 5th, 2025 10:37 AM
Author: Racy Wine National Security Agency Hissy Fit

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: bespoke poppy plaza dopamine

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: misunderstood cruise ship

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: Haunting stirring round eye

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: Chrome irradiated forum

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: Chrome irradiated forum

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: Cruel-hearted lake patrolman

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: Chrome irradiated forum

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: misunderstood cruise ship

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: gold sticky abode philosopher-king

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: Very Tactful Water Buffalo Indian Lodge

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)