Threeonenine
@GbThreeOneNine
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#1 GB IW Winter TL, GB 3 digit | RIP GameBattles 🥲
Joined August 2020
Earlier this year, the Big, BS Budget Bill changed how gambling losses are taxed by capping the deduction at 90%. That means some gamblers will owe taxes on money they never actually earned when they file starting in 2027. But we still have time to fix this. As long as we
Professional poker player Erik Seidel is one of the many gamblers set to dial back his play in the new year. He spoke to The Indy about how Congress shaped that decision. Read more here:
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Thank you @RepAndyBarr for co-sponsoring the FAIR BET Act. With bipartisan support, we are one step closer to restoring the 100% tax deduction for gambling losses. It’s the right thing to do.
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Let’s not forget that starting in 2026, only 90% of poker and gambling losses will be deductible. This should be a huge wake-up call. An extremely terrible tax policy was quietly slipped into a massive bill that impacts millions of Americans, and still hasn’t been fixed. This
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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.
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Let’s keep the FAIR BET Act moving. https://t.co/QaAGk1mNCZ
casino.org
President Donald Trump made his second appearance at a casino since winning the White House for a second time on Tuesday.
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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
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Bipartisan support for the FAIR BET Act continues to grow because it’s the right thing to do. Thank you @RepDavidValadao and @RepAdamGrayCA for signing on to this commonsense fix.
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🚨@RepMaxMiller has joined the bipartisan effort to permanently restore the 100% loss deduction from gambling winnings. Let’s get this commonsense fix through @WaysMeansCmte and to the House floor! #FAIRBETAct 🎲
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Thank you @RepTomSuozzi, @RepHaleyStevens, and @RepJoshG for joining the fight to fix the unfair tax provision that harms consumers, operators, and states. Adam Robinson of @bettorsvoice, who joined my town hall last month, lays out the stakes of the FAIR BET Act in this
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Just another reminder that starting in 2026, a new U.S. law will limit gambling loss deductions to 90%. That means you'll be taxed on money you never even won. This is a devastating, downright horrible policy that punishes everyday bettors and poker players. Our government is
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I’m back in DC which means the fight for the FAIR BET Act continues. Thank you @RepSalinas and @RepGregStanton for signing on. We are one step closer to getting this fixed.
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C’mon guys. Only allowing 90% deductions is extremely unfair to everyone! Please fix this @RepJasonSmith @WaysandMeansGOP
The Rules Committee blocked the FAIR BET act from the NDAA. The fix now rests with @WaysandMeansGOP and @RepJasonSmith. Please schedule a markup of H.R. 4304 to restore the full 100% gambling-loss deduction. Break-even bettors shouldn’t owe tax on phantom income. @AmericanGaming
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The Rules Committee blocked the FAIR BET act from the NDAA. The fix now rests with @WaysandMeansGOP and @RepJasonSmith. Please schedule a markup of H.R. 4304 to restore the full 100% gambling-loss deduction. Break-even bettors shouldn’t owe tax on phantom income. @AmericanGaming
Unfortunately, the GOP-controlled Rules Committee did not accept the FAIR BET Act as an amendment to the NDAA. This was an easy fix that should have been adopted. Nonetheless, I will continue to build support to restore the 100% gambling loss deduction.
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Show your support and like/retweet! Without the FAIR BET Act, thousands of bettors will be taxed on phantom income next year. This is common sense reform, make your voice heard. Tag your reps & demand action! 📢 We must fight alongside @repdinatitus to restore 100% gambling
The Rules Committee blocked the FAIR BET act from the NDAA. The fix now rests with @WaysandMeansGOP and @RepJasonSmith. Please schedule a markup of H.R. 4304 to restore the full 100% gambling-loss deduction. Break-even bettors shouldn’t owe tax on phantom income. @AmericanGaming
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The fight to restore the 100% gambling loss tax deduction continues. I’ve introduced the #FAIRBETAct as an amendment to the 2026 National Defense Authorization Act (NDAA). I strongly encourage the Republicans to make this amendment in order when it goes before the House Rules
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🚨 Let’s not forget that in 2026 gamblers can only deduct 90% of losses. That means paying taxes on money you never kept. It makes sports betting nearly impossible to profit from and is completely unfair. This must be overturned before 2026 or every bettor will face a phantom
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Changing the gambling loss deduction to 90% will lead to decreased jobs and tax revenue and benefit illegal operators. @Reason explains why the FAIR BET Act is needed. https://t.co/Pg524NI5hg
reason.org
When taxes make legal gambling punitive, players move underground—shrinking the legal industry, fueling illicit activity, and costing jobs and revenue. Â
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Glad to hear this from @RepJasonSmith. I’ll be reinforcing his support when I talk about my FAIR BET Act today during our @WaysMeansCmte field hearing. Let’s get this bipartisan common sense fix passed.
NEWS from Las Vegas: Ways & Means Chair @RepJasonSmith told me in an interview he wants to REVERSE the gambling tax hike from the One Big Beautiful Bill SMITH said it was a "bad decision" & could "absolutely" be undone by year-end. He floated it as part of a bipartisan package
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Americans deserve fair tax policy. That’s why I will be making my case for the FAIR BET Act this Friday in front of @WaysMeansCmte in @Vegas, the gambling capital of the country. Both sides of the aisle support this fix, and the Ways and Means Committee is the first hurdle to
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