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Started By
Message
Re: gambling legislation, Rep. Jason Smith wants it reversed this year
Posted on 7/25/25 at 9:01 am
Posted on 7/25/25 at 9:01 am
4
Posted on 7/25/25 at 9:03 am to The Egg
Mike Johnson already talking about passing more tax legislation before the end of the year.
I guess they found out about the shite they didn’t like once they actually read it. Dumbasses
I guess they found out about the shite they didn’t like once they actually read it. Dumbasses
Posted on 7/25/25 at 9:11 am to The Egg
US government is setup in such a bullshite way. This one bill should have been a different bill for each item.
Posted on 7/25/25 at 9:52 am to TackySweater
quote:
US government is setup in such a bullshite way. This one bill should have been a different bill for each item.
I'd be all for legislation that requires some limit to how many items could be addressed in a bill, I'm just unsure how that would need to be worded for it to stick and I am sure that politicians would be against it because it would kill their ability to insert a "poison pill" in the legislation to kill a bill while pretending to be for it.
Posted on 7/25/25 at 9:55 am to mdomingue
quote:
I'd be all for legislation that requires some limit to how many items could be addressed in a bill, I'm just unsure how that would need to be worded for it to stick and I am sure that politicians would be against it because it would kill their ability to insert a "poison pill" in the legislation to kill a bill while pretending to be for it.
Exactly. It would never pass. But they should be voting item by item on these things and not having 1000 issues in one that has to pass or fail. It’s idiotic but it’s designed that way to be used exactly how they are using it.
Posted on 7/25/25 at 12:05 pm to The Egg
Gambling losses should not be deductible. Plain and simple. Nor should business losses or housing losses.
Funny how many “conservatives” bitch about entitlements but are fine with allowing people to count their mistakes as tax breaks, and no I am not talking about their kids.
Funny how many “conservatives” bitch about entitlements but are fine with allowing people to count their mistakes as tax breaks, and no I am not talking about their kids.
Posted on 7/25/25 at 12:10 pm to Geauxgurt
quote:
Gambling losses should not be deductible.
Then winnings shouldn't be taxed. Being able to tax winnings and then still be taxed on 10% of losses is ridiculous.
Posted on 7/25/25 at 12:16 pm to Snek
quote:
Then winnings shouldn't be taxed. Being able to tax winnings and then still be taxed on 10% of losses is ridiculous.
Losing money by being a degenerate doesn’t mean you should be able to deduct bad decisions.
You won money. It it income. Deal with it. No income “losses” should be able to be deducted. Plain and simple.
But degenerate gamblers want their cake.
This post was edited on 7/25/25 at 12:17 pm
Posted on 7/25/25 at 1:23 pm to Geauxgurt
So if someone wagered 100K throughout the year and won exactly 100K to break even, what do you think they should be taxed on?
This post was edited on 7/25/25 at 1:25 pm
Posted on 7/25/25 at 1:38 pm to Geauxgurt
quote:
But degenerate gamblers want their cake.
no more than your government wants their frickin piece
at least a gambler can reach his limit
Posted on 7/25/25 at 1:52 pm to The Seaward
Anxiously waiting on Geauxgurt’s response to this…..
Posted on 7/25/25 at 1:54 pm to The Seaward
Geauxgurt‘S is scratching his|her head atm.
Posted on 7/25/25 at 2:05 pm to The Egg
Gambling should be treated like cigarettes or alcohol. Tax the sh*t out of people who choose to throw money away.
This post was edited on 7/25/25 at 9:59 pm
Posted on 7/25/25 at 2:09 pm to Geauxgurt
quote:
Gambling losses should not be deductible. Plain and simple. Nor should business losses or housing losses.
Imagine being this dumb
Posted on 7/25/25 at 2:31 pm to The Seaward
quote:
So if someone wagered 100K throughout the year and won exactly 100K to break even, what do you think they should be taxed on?
Maybe not gamble $100k?
This post was edited on 7/25/25 at 2:33 pm
Posted on 7/25/25 at 2:33 pm to Mingo Was His NameO
quote:
Imagine being this dumb
Dumb? Gambling on sporting events and elections is not a job. It’s a choice. The only people this would hurt are degenerate or “professional” gamblers.
In the end, you should not be able to write off bad decisions fully. It is not the responsibility of others to cover for your mistakes. Isn’t that the typical conservative line?
Posted on 7/25/25 at 2:35 pm to Geauxgurt
quote:
Dumb? Gambling on sporting events and elections is not a job. It’s a choice. The only people this would hurt are degenerate or “professional” gamblers.
Now do business losses
Posted on 7/25/25 at 2:37 pm to TackySweater
quote:
US government is setup in such a bullshite way. This one bill should have been a different bill for each item.
But that would make buying the gov’t way more expensive and difficult for corporations and billionaires!
Posted on 7/25/25 at 2:40 pm to Mingo Was His NameO
quote:
Now do business losses
I agree those should be removed. Poor business decisions should not be something you can write off. Plain and simple.
This post was edited on 7/25/25 at 2:41 pm
Posted on 7/25/25 at 2:41 pm to Geauxgurt
quote:
Poor business decisions should not be something you can write off
So if you’re running a loss your implication is you’ve made poor business decisions?
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