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Crypto Briefing·Editorial Team·2h ago

Congress advances bill to fully deduct gambling losses, reversing cap from earlier tax overhaul

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Restoring full gambling loss deductions may boost the gaming industry but could increase the federal deficit by $2 billion over a decade. The post Congress advances bill to fully deduct gambling losses, reversing cap from earlier tax overhaul appeared first on Crypto Briefing.

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💬 Discussion: Congress advances bill to fully deduct gambling losses, reversing cap from earlier tax overhaul Restoring full gambling loss deductions may boost the gaming industry but could increase the federal deficit by $2 billion over a decade. The post Congress advances bill to fully deduct gambling losses, reversing cap from earlier tax overhaul appeared first on Crypto Briefing.

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