The 90% cap on gambling loss deductions was enacted as part of the One Big Beautiful Bill Act signed in July 2025 and applies to tax year 2026 filings. Repeal would require new legislation to restore full deductibility up to winnings before the 2027 filing season. Bills to reverse the provision have been introduced with some bipartisan backing, yet none have advanced through committee or floor votes amid competing congressional priorities. Industry advocacy, including a May 2026 letter from UFC President Dana White to the president, produced only temporary shifts in related prediction market pricing before probabilities stabilized. Traders assign an 86% chance to “No” because the legislative calendar and procedural hurdles make timely repeal before 2027 improbable.
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
$70,216 Vol.
$70,216 Vol.
Sí
$70,216 Vol.
$70,216 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...The 90% cap on gambling loss deductions was enacted as part of the One Big Beautiful Bill Act signed in July 2025 and applies to tax year 2026 filings. Repeal would require new legislation to restore full deductibility up to winnings before the 2027 filing season. Bills to reverse the provision have been introduced with some bipartisan backing, yet none have advanced through committee or floor votes amid competing congressional priorities. Industry advocacy, including a May 2026 letter from UFC President Dana White to the president, produced only temporary shifts in related prediction market pricing before probabilities stabilized. Traders assign an 86% chance to “No” because the legislative calendar and procedural hurdles make timely repeal before 2027 improbable.
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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Cuidado con los enlaces externos.
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