Recent legislative momentum for repealing the 90% cap on gambling loss deductions has stalled amid partisan divides over federal revenue. The provision, enacted in the One Big Beautiful Bill Act of 2025 and effective for tax year 2026, limits deductions to 90% of winnings despite the longstanding rule that losses cannot exceed gains. House Republicans rejected the FAIR BET Act as an amendment to the National Defense Authorization Act, citing its projected $1.14 billion revenue impact through 2034. While UFC President Dana White recently urged President Trump to reverse the cap in an official letter, and related bills have been introduced, the lack of a confirmed floor vote or bipartisan support before the 2026 tax debate window has reinforced trader expectations that the cap will remain through 2027.
Tóm tắt AI thử nghiệm tham chiếu dữ liệu Polymarket. Đây không phải tư vấn giao dịch và không ảnh hưởng đến cách thị trường này được giải quyết. · Cập nhật$68,293 KL.
$68,293 KL.
$68,293 KL.
$68,293 KL.
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.
Thị trường mở: 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...Recent legislative momentum for repealing the 90% cap on gambling loss deductions has stalled amid partisan divides over federal revenue. The provision, enacted in the One Big Beautiful Bill Act of 2025 and effective for tax year 2026, limits deductions to 90% of winnings despite the longstanding rule that losses cannot exceed gains. House Republicans rejected the FAIR BET Act as an amendment to the National Defense Authorization Act, citing its projected $1.14 billion revenue impact through 2034. While UFC President Dana White recently urged President Trump to reverse the cap in an official letter, and related bills have been introduced, the lack of a confirmed floor vote or bipartisan support before the 2026 tax debate window has reinforced trader expectations that the cap will remain through 2027.
Tóm tắt AI thử nghiệm tham chiếu dữ liệu Polymarket. Đây không phải tư vấn giao dịch và không ảnh hưởng đến cách thị trường này được giải quyết. · Cập nhật
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