Trader consensus favors "No" at 64.5% on repealing the 90% cap on gambling loss deductions—enacted in the 2025 One Big Beautiful Bill Act (OBBBA) and effective for 2026 tax year—reflecting stalled legislative efforts despite intensifying industry pressure. UFC CEO Dana White's May 14 letter to President Trump urged congressional reversal, warning of "phantom income" taxes on break-even gamblers and risks to legal betting markets, amplifying prior bipartisan pushes like the FAIR BET Act (H.R. 4304) and Sens. Cruz-Miller bill. Yet, repeal bills remain mired in committees without floor votes or hearings, overshadowed by GOP priorities on appropriations, debt ceiling debates, and pre-midterm maneuvering through December 31, 2026. The provision's negligible fiscal cost hinders standalone passage via reconciliation or omnibus.
Polymarket ডেটা রেফারেন্স করে পরীক্ষামূলক AI-জেনারেটেড সারাংশ। এটি ট্রেডিং পরামর্শ নয় এবং এই মার্কেট কীভাবে রেজলভ হয় তাতে কোনো ভূমিকা রাখে না। · আপডেটেড$68,235 Vol.
$68,235 Vol.
$68,235 Vol.
$68,235 Vol.
To qualify as a repeal, the cap must be entirely remove any cap limiting gambling loss deductions to below 100%.
Modifications—such as increasing the limit, delaying implementation or changing how it is calculated will not qualify.
The resolution source for this market will be a consensus of credible reporting.
মার্কেট ওপেন হয়েছে: Nov 5, 2025, 2:32 PM ET
Resolver
0x65070BE91...To qualify as a repeal, the cap must be entirely remove any cap limiting gambling loss deductions to below 100%.
Modifications—such as increasing the limit, delaying implementation or changing how it is calculated will not qualify.
The resolution source for this market will be a consensus of credible reporting.
Resolver
0x65070BE91...Trader consensus favors "No" at 64.5% on repealing the 90% cap on gambling loss deductions—enacted in the 2025 One Big Beautiful Bill Act (OBBBA) and effective for 2026 tax year—reflecting stalled legislative efforts despite intensifying industry pressure. UFC CEO Dana White's May 14 letter to President Trump urged congressional reversal, warning of "phantom income" taxes on break-even gamblers and risks to legal betting markets, amplifying prior bipartisan pushes like the FAIR BET Act (H.R. 4304) and Sens. Cruz-Miller bill. Yet, repeal bills remain mired in committees without floor votes or hearings, overshadowed by GOP priorities on appropriations, debt ceiling debates, and pre-midterm maneuvering through December 31, 2026. The provision's negligible fiscal cost hinders standalone passage via reconciliation or omnibus.
Polymarket ডেটা রেফারেন্স করে পরীক্ষামূলক AI-জেনারেটেড সারাংশ। এটি ট্রেডিং পরামর্শ নয় এবং এই মার্কেট কীভাবে রেজলভ হয় তাতে কোনো ভূমিকা রাখে না। · আপডেটেড
বাহ্যিক লিংক থেকে সাবধান।
বাহ্যিক লিংক থেকে সাবধান।
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