ETHG
@ethg_bets
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ID: 418248413
21-11-2011 23:05:12
2,2K Tweet
3,3K Followers
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Today I am urging Ways and Means Democrats Chairman Rep. Jason Smith 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.
No fancy graph (I ain’t paying for plus). My best year yet treating sports betting as a side hustle. Thanks so much Bookie Beats Sourced Betting NoLiverGambles 🫡
I spoke with poker legend Erik Seidel about the negative impact of leaving the tax deduction for gambling losses at 90%. Despite what some of my colleagues like Sen. James Lankford believe, inaction will have serious, concrete consequences on the gaming industry and economy across
Exciting news for the #FAIRBETAct and the gaming community. The Chairman of the House Appropriations Committee, Rep. Tom Cole, has just co-sponsored my legislation to rightfully restore the tax code for gamers. Nobody should have to pay taxes on phantom income. Let’s get this
Americans should not be taxed on money they didn’t actually earn. I’m proud to lead this bipartisan effort with Rep. Steven Horsford to restore the full deduction for gaming losses.