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BBB screwing over professional gamblers is 180

...
low-t stimulating philosopher-king
  07/02/25
how does it do that?
Beta Newt Filthpig
  07/02/25
limits gambling loss offsets to 90%. so say you break even w...
low-t stimulating philosopher-king
  07/02/25
...
Indigo anal doctorate gas station
  07/02/25
wow lol
Beta Newt Filthpig
  07/02/25
...
Indigo anal doctorate gas station
  07/02/25
This is actually very good
Motley Indirect Expression
  07/02/25
...
sienna famous landscape painting
  07/04/25
LOL, fuck CSLG
plum swashbuckling lodge community account
  07/02/25
wow
Hyperventilating vivacious ticket booth hominid
  07/02/25
Lol
sienna famous landscape painting
  07/04/25
or in this guy's case, you pay tx on $1 million!
plum swashbuckling lodge community account
  07/04/25
all of those professional gamblers and poker players are com...
Razzmatazz State Hairy Legs
  07/02/25
yeah this is like raising taxes on income from drug traffick...
multi-colored rehab
  07/02/25
Pros aren't using apps.
Crimson Abode Jewess
  07/02/25
no shit. im agreeing that this wont hurt the pros but seems ...
multi-colored rehab
  07/02/25
You can't deduct losses at all unless you are a pro.
Crimson Abode Jewess
  07/02/25
i get that youre running retard shtick bait now but we all k...
multi-colored rehab
  07/02/25
why did that even get added? seems totally random considerin...
out-of-control pisswyrm black woman
  07/02/25
someone in the senate added it last minute. no idea who, but...
low-t stimulating philosopher-king
  07/02/25
...
Dashing Scarlet Whorehouse
  07/02/25
This is 180. Get the pros out.
Crimson Abode Jewess
  07/02/25
...
curious site blood rage
  07/04/25
this guy: https://frontofficesports.com/mike-crapo-gambin...
plum swashbuckling lodge community account
  07/04/25
Lol 180
sienna famous landscape painting
  07/04/25
Yeah, now if only they had done the same thing with upping t...
sienna famous landscape painting
  07/04/25
they should update the outdated jackpot threshold while they...
ocher mewling alpha
  07/02/25
The Kenny Amendment
filthy piazza codepig
  07/02/25
The Better Business Bureau are unelected tyrants
Garnet Blathering Faggotry
  07/02/25
.
thriller disrespectful address
  07/02/25
...
Awkward duck-like home wagecucks
  07/05/25
I love how the party of limited government thinks it's 180 f...
Cerise dingle berry sandwich
  07/02/25
Just win your bets dude
Garnet Blathering Faggotry
  07/02/25
correct -- pick winners at a 60% rate to break even and then...
arousing sweet tailpipe
  07/02/25
? I you bet $100 and you lose $100, you don't need to pay...
Motley Indirect Expression
  07/03/25
I think this bill was the opening of war on tipping. I'm not...
Jade hall idiot
  07/03/25
180
Silver shaky sanctuary
  07/03/25
I bet 90-95% of professional gamblers voted for Trump/Cons. ...
plum swashbuckling lodge community account
  07/04/25
“If this goes through as it is written, I would basica...
curious site blood rage
  07/04/25
oh man...the poker ecosystem is unlikely to survive! What w...
Cream Police Squad Sound Barrier
  07/04/25
...
low-t stimulating philosopher-king
  07/04/25
we should crowdsource buying the syndication rights to Poker...
curious site blood rage
  07/04/25
I wonder why they picked 90%, seems so arbitrary. only thin...
plum swashbuckling lodge community account
  07/04/25
180 but it should tax all wins from sports gambling apps at ...
shimmering kitty national
  07/04/25
...
Concupiscible Idea He Suggested Puppy
  07/04/25
Tbh I'd be fine with leaving poker alone as long as we can p...
sienna famous landscape painting
  07/05/25
Trade or business expense for professional gamblers and is 1...
Chest-beating legend boistinker
  07/04/25
can an AI give legal advice?
plum swashbuckling lodge community account
  07/04/25
online poker was fucked already and hardly anyone was making...
bright costumed field place of business
  07/04/25
How does the government know how much you won or lost playin...
bipolar aromatic affirmative action
  07/04/25
https://x.com/PhilGalfond/status/1940198538493010316
bipolar aromatic affirmative action
  07/04/25
cr it's obviously a big deal if you're a high volume poker p...
Hyperventilating vivacious ticket booth hominid
  07/05/25
https://forumserver.twoplustwo.com/29/news-views-gossip/big-...
bipolar aromatic affirmative action
  07/04/25
https://x.com/Benny_Lapdance/status/1941168230984466799
plum swashbuckling lodge community account
  07/04/25
if a lib did this xo would be screeching at the top of its l...
Know-it-all Dun Library Goal In Life
  07/05/25
not allowing GC twats to create a Biff future is core conser...
curious site blood rage
  07/05/25


Poast new message in this thread



Reply Favorite

Date: July 2nd, 2025 1:06 PM
Author: low-t stimulating philosopher-king



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



Reply Favorite

Date: July 2nd, 2025 1:07 PM
Author: Beta Newt Filthpig

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: low-t stimulating philosopher-king

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: Indigo anal doctorate gas station



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



Reply Favorite

Date: July 2nd, 2025 1:12 PM
Author: Beta Newt Filthpig

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: Indigo anal doctorate gas station



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



Reply Favorite

Date: July 2nd, 2025 1:14 PM
Author: Motley Indirect Expression

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: sienna famous landscape painting



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



Reply Favorite

Date: July 2nd, 2025 1:30 PM
Author: plum swashbuckling lodge community account

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: Hyperventilating vivacious ticket booth hominid

wow

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



Reply Favorite

Date: July 4th, 2025 9:20 PM
Author: sienna famous landscape painting

Lol

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



Reply Favorite

Date: July 4th, 2025 11:38 PM
Author: plum swashbuckling lodge community account

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: Razzmatazz State Hairy Legs

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: multi-colored rehab

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: Crimson Abode Jewess

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: multi-colored rehab

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: Crimson Abode Jewess

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: multi-colored rehab

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: out-of-control pisswyrm black woman

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: low-t stimulating philosopher-king

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: Dashing Scarlet Whorehouse



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



Reply Favorite

Date: July 2nd, 2025 3:44 PM
Author: Crimson Abode Jewess

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: curious site blood rage



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



Reply Favorite

Date: July 4th, 2025 6:09 PM
Author: plum swashbuckling lodge community account

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: sienna famous landscape painting

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: sienna famous landscape painting

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: ocher mewling alpha

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: filthy piazza codepig

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: Garnet Blathering Faggotry

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: thriller disrespectful address

.

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



Reply Favorite

Date: July 5th, 2025 9:46 AM
Author: Awkward duck-like home wagecucks



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



Reply Favorite

Date: July 2nd, 2025 4:16 PM
Author: Cerise dingle berry sandwich

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: Garnet Blathering Faggotry

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: arousing sweet tailpipe

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: Motley Indirect Expression

?

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: Jade hall idiot

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: Silver shaky 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: plum swashbuckling lodge community account

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: curious site blood rage

“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: Cream Police Squad Sound Barrier

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: low-t stimulating philosopher-king



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



Reply Favorite

Date: July 4th, 2025 5:42 PM
Author: curious site blood rage

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: plum swashbuckling lodge community account

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: shimmering kitty national

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: Concupiscible Idea He Suggested Puppy



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



Reply Favorite

Date: July 5th, 2025 10:37 AM
Author: sienna famous landscape painting

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: Chest-beating legend boistinker

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: plum swashbuckling lodge community account

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: bright costumed field place of business

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: bipolar aromatic affirmative action

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: bipolar aromatic affirmative action

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: Hyperventilating vivacious ticket booth hominid

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: bipolar aromatic affirmative action

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: plum swashbuckling lodge community account

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: Know-it-all Dun Library Goal In Life

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: curious site blood rage

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)