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

BBB screwing over professional gamblers is 180

...
Seedy sexy heaven
  07/02/25
how does it do that?
sticky aphrodisiac nursing home
  07/02/25
limits gambling loss offsets to 90%. so say you break even w...
Seedy sexy heaven
  07/02/25
...
Exciting halford
  07/02/25
wow lol
sticky aphrodisiac nursing home
  07/02/25
...
Exciting halford
  07/02/25
This is actually very good
elite hospital masturbator
  07/02/25
...
Racy fuchsia dilemma
  07/04/25
LOL, fuck CSLG
Vibrant jew
  07/02/25
wow
low-t native goal in life
  07/02/25
Lol
Racy fuchsia dilemma
  07/04/25
or in this guy's case, you pay tx on $1 million!
Vibrant jew
  07/04/25
all of those professional gamblers and poker players are com...
excitant amber knife degenerate
  07/02/25
yeah this is like raising taxes on income from drug traffick...
odious grizzly state keepsake machete
  07/02/25
Pros aren't using apps.
carmine federal stage factory reset button
  07/02/25
no shit. im agreeing that this wont hurt the pros but seems ...
odious grizzly state keepsake machete
  07/02/25
You can't deduct losses at all unless you are a pro.
carmine federal stage factory reset button
  07/02/25
i get that youre running retard shtick bait now but we all k...
odious grizzly state keepsake machete
  07/02/25
why did that even get added? seems totally random considerin...
Aromatic organic girlfriend step-uncle's house
  07/02/25
someone in the senate added it last minute. no idea who, but...
Seedy sexy heaven
  07/02/25
...
Duck-like den persian
  07/02/25
This is 180. Get the pros out.
carmine federal stage factory reset button
  07/02/25
...
mahogany razzle-dazzle institution
  07/04/25
this guy: https://frontofficesports.com/mike-crapo-gambin...
Vibrant jew
  07/04/25
Lol 180
Racy fuchsia dilemma
  07/04/25
Yeah, now if only they had done the same thing with upping t...
Racy fuchsia dilemma
  07/04/25
they should update the outdated jackpot threshold while they...
autistic national security agency
  07/02/25
The Kenny Amendment
galvanic black base
  07/02/25
The Better Business Bureau are unelected tyrants
Magenta Demanding Coffee Pot
  07/02/25
.
abnormal kitchen
  07/02/25
...
khaki pisswyrm
  07/05/25
I love how the party of limited government thinks it's 180 f...
Diverse Canary Menage Telephone
  07/02/25
Just win your bets dude
Magenta Demanding Coffee Pot
  07/02/25
correct -- pick winners at a 60% rate to break even and then...
electric lavender meetinghouse
  07/02/25
? I you bet $100 and you lose $100, you don't need to pay...
elite hospital masturbator
  07/03/25
I think this bill was the opening of war on tipping. I'm not...
sickened dead hell
  07/03/25
180
wine razzle library
  07/03/25
I bet 90-95% of professional gamblers voted for Trump/Cons. ...
Vibrant jew
  07/04/25
“If this goes through as it is written, I would basica...
mahogany razzle-dazzle institution
  07/04/25
oh man...the poker ecosystem is unlikely to survive! What w...
anal maroon electric furnace chapel
  07/04/25
...
Seedy sexy heaven
  07/04/25
we should crowdsource buying the syndication rights to Poker...
mahogany razzle-dazzle institution
  07/04/25
I wonder why they picked 90%, seems so arbitrary. only thin...
Vibrant jew
  07/04/25
180 but it should tax all wins from sports gambling apps at ...
Olive fantasy-prone jap
  07/04/25
...
razzmatazz cerise fortuitous meteor friendly grandma
  07/04/25
Tbh I'd be fine with leaving poker alone as long as we can p...
Racy fuchsia dilemma
  07/05/25
Trade or business expense for professional gamblers and is 1...
titillating plum office pozpig
  07/04/25
can an AI give legal advice?
Vibrant jew
  07/04/25
online poker was fucked already and hardly anyone was making...
Swollen Pearl Gaming Laptop School Cafeteria
  07/04/25
How does the government know how much you won or lost playin...
erotic cowardly dog poop
  07/04/25
https://x.com/PhilGalfond/status/1940198538493010316
erotic cowardly dog poop
  07/04/25
cr it's obviously a big deal if you're a high volume poker p...
low-t native goal in life
  07/05/25
https://forumserver.twoplustwo.com/29/news-views-gossip/big-...
erotic cowardly dog poop
  07/04/25
https://x.com/Benny_Lapdance/status/1941168230984466799
Vibrant jew
  07/04/25
if a lib did this xo would be screeching at the top of its l...
fighting genital piercing digit ratio
  07/05/25
not allowing GC twats to create a Biff future is core conser...
mahogany razzle-dazzle institution
  07/05/25


Poast new message in this thread



Reply Favorite

Date: July 2nd, 2025 1:06 PM
Author: Seedy sexy heaven



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



Reply Favorite

Date: July 2nd, 2025 1:07 PM
Author: sticky aphrodisiac nursing home

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: Seedy sexy heaven

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: Exciting halford



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



Reply Favorite

Date: July 2nd, 2025 1:12 PM
Author: sticky aphrodisiac nursing home

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: Exciting halford



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



Reply Favorite

Date: July 2nd, 2025 1:14 PM
Author: elite hospital masturbator

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 fuchsia dilemma



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



Reply Favorite

Date: July 2nd, 2025 1:30 PM
Author: Vibrant jew

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: low-t native goal in life

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 fuchsia dilemma

Lol

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



Reply Favorite

Date: July 4th, 2025 11:38 PM
Author: Vibrant jew

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: excitant amber knife degenerate

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: odious grizzly state keepsake machete

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: carmine federal stage factory reset button

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: odious grizzly state keepsake machete

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: carmine federal stage factory reset button

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: odious grizzly state keepsake machete

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: Aromatic organic girlfriend step-uncle's house

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: Seedy sexy heaven

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: Duck-like den persian



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



Reply Favorite

Date: July 2nd, 2025 3:44 PM
Author: carmine federal stage factory reset button

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: mahogany razzle-dazzle institution



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



Reply Favorite

Date: July 4th, 2025 6:09 PM
Author: Vibrant jew

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 fuchsia dilemma

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 fuchsia dilemma

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: autistic national security agency

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: galvanic black base

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: Magenta Demanding Coffee Pot

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: abnormal kitchen

.

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



Reply Favorite

Date: July 5th, 2025 9:46 AM
Author: khaki pisswyrm



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



Reply Favorite

Date: July 2nd, 2025 4:16 PM
Author: Diverse Canary Menage Telephone

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: Magenta Demanding Coffee Pot

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: electric lavender 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: elite hospital masturbator

?

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: sickened dead hell

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: wine razzle library

180

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



Reply Favorite

Date: July 4th, 2025 5:10 PM
Author: Vibrant jew

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: mahogany razzle-dazzle institution

“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: anal maroon electric furnace chapel

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: Seedy sexy heaven



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



Reply Favorite

Date: July 4th, 2025 5:42 PM
Author: mahogany razzle-dazzle institution

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: Vibrant jew

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: Olive fantasy-prone jap

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: razzmatazz cerise fortuitous meteor friendly grandma



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



Reply Favorite

Date: July 5th, 2025 10:37 AM
Author: Racy fuchsia dilemma

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: titillating plum office pozpig

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: Vibrant jew

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: Swollen Pearl Gaming Laptop School Cafeteria

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: erotic cowardly dog poop

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: erotic cowardly dog poop

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: low-t native goal in life

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: erotic cowardly dog poop

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: Vibrant jew

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: fighting genital piercing digit ratio

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: mahogany razzle-dazzle institution

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)