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Ways and Means votes 38-5 to reverse the 90% gambling-loss cap retroactive to 2026
A House committee has voted to let gamblers deduct all of their losses again, retroactive to tax years beginning after December 31, 2025, so the cap written into July's tax law would never touch a filed return.
Publishers:cryptobriefing.com
Reality
- Evidence40
- Adoption25
- Hype gap+18
- Incentives75
- Confidence45