Politics
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Gamblers Lose Big as Trump’s First Major Bill Passed
New tax rule penalizes gamblers even when they break even Gamblers lose key deduction under Trump’s economic overhaul Amendment may push players to unregulated...
— July 3, 2025
Trump’s ‘Big, Beautiful Bill’ Would Decimate Professional Gamblers – Literally
New amendment limits deductible gambling losses to 90%. Professionals could owe taxes on nonexistent income. House-Senate showdown will determine final tax outcome. US President...
— July 2, 2025
