

PositiveEvie
668 posts

@PositiveEvie
Positive EV and Arbitrage bettor using OddsJam tools to become profitable. See link in posts for free trial! Use code 'Evie' for 35% off your first month!







Chiefs agree to terms to bring back Eric Bieniemy as offensive coordinator. (via @TomPelissero)


🎲 Since the Senate inserted a provision in the Big, BS Budget Bill to lower the gambling loss deduction to 90%, I have been leading the bipartisan, bicameral effort to correct this unfair tax policy so that gamers do not have to pay taxes on phantom income. Now I am again urging @RepJasonSmith to finally do what’s right and include a fix in the next @WaysMeansCmte markup that protects many livelihoods #OnlyinDistrictOne.



Today I am urging @WaysMeansCmte Chairman @RepJasonSmith to place the FAIR BET Act on the committee calendar. Now is the time to fix the unfair 90% tax deduction for gambling losses that negatively impacts professional and casual players. See my full letter to the Chairman below.




Earlier this year the BS Budget Bill reduced the tax deduction for gambling losses to 90%. In response, I introduced the FAIR BET Act to restore the commonsense 100% tax deduction to protect professional and recreational gamblers. I was the first in Congress to introduce this fix and haven’t stopped garnering support from members and stakeholders since. In fact, the #FAIRBETAct has up to 21 bipartisan co-sponsors with @RepEzell most recently joining! It is now critical for @WaysandMeansGOP to add this bill to the legislative calendar before the year ends. We must get this fixed.
