Trader consensus favors no repeal of the 90% cap on gambling loss deductions—enacted in the 2025 One Big Beautiful Bill Act and effective for 2026 taxes—at 64.5%, reflecting stalled bipartisan legislative efforts amid congressional gridlock. Recent House Rules Committee rejection of the FAIR BET Act (H.R. 4304) four days ago highlights Republican resistance, viewing the cap as a key revenue safeguard despite industry pushback. UFC President Dana White's May 13 letter to President Trump urging reversal via the FULL HOUSE Act (Horsford-Miller) briefly stirred markets but failed to advance bills like H.R. 6985, as no floor votes or attachments to spending packages have materialized since January setbacks. With seven months until year-end, low priority and procedural hurdles sustain skepticism.
Resumen experimental generado por IA con datos de Polymarket. Esto no es asesoramiento de trading y no influye en cómo se resuelve este mercado. · ActualizadoSí
$67,799 Vol.
$67,799 Vol.
Sí
$67,799 Vol.
$67,799 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.
Mercado abierto: 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 repeal of the 90% cap on gambling loss deductions—enacted in the 2025 One Big Beautiful Bill Act and effective for 2026 taxes—at 64.5%, reflecting stalled bipartisan legislative efforts amid congressional gridlock. Recent House Rules Committee rejection of the FAIR BET Act (H.R. 4304) four days ago highlights Republican resistance, viewing the cap as a key revenue safeguard despite industry pushback. UFC President Dana White's May 13 letter to President Trump urging reversal via the FULL HOUSE Act (Horsford-Miller) briefly stirred markets but failed to advance bills like H.R. 6985, as no floor votes or attachments to spending packages have materialized since January setbacks. With seven months until year-end, low priority and procedural hurdles sustain skepticism.
Resumen experimental generado por IA con datos de Polymarket. Esto no es asesoramiento de trading y no influye en cómo se resuelve este mercado. · Actualizado
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