**The 90% cap on gambling loss deductions under IRC Section 165(d), enacted via the July 2025 One Big Beautiful Bill Act and effective for tax years beginning January 1, 2026, faces repeal efforts through bipartisan measures such as the FULL HOUSE Act and FAIR BET Act.** These bills seek to restore full deductibility of losses up to winnings. On September 16, 2026, the House Ways and Means Committee advanced a repeal provision as part of a broader tax package by a 38-5 vote, marking the strongest recent momentum. However, the measure still requires full House and Senate approval plus presidential signature before December 31, 2026. Trader consensus at 81% for "No" reflects the short remaining timeline, competing legislative priorities, revenue scoring concerns estimated at $1-2 billion over ten years, and historical stalling of standalone gambling tax fixes amid reconciliation constraints and procedural hurdles.
Ringkasan eksperimental yang dihasilkan AI dengan referensi data Polymarket. Ini bukan saran trading dan tidak berperan dalam bagaimana pasar ini diselesaikan. · Diperbarui$72,200 Vol.
$72,200 Vol.
$72,200 Vol.
$72,200 Vol.
To qualify as a repeal, the cap must be entirely remove any cap limiting gambling loss deductions to below 100%.
Modifications—such as increasing the limit, delaying implementation or changing how it is calculated will not qualify.
The resolution source for this market will be a consensus of credible reporting.
Pasar Dibuka: Nov 5, 2025, 2:32 PM ET
Resolver
0x65070BE91...To qualify as a repeal, the cap must be entirely remove any cap limiting gambling loss deductions to below 100%.
Modifications—such as increasing the limit, delaying implementation or changing how it is calculated will not qualify.
The resolution source for this market will be a consensus of credible reporting.
Resolver
0x65070BE91...**The 90% cap on gambling loss deductions under IRC Section 165(d), enacted via the July 2025 One Big Beautiful Bill Act and effective for tax years beginning January 1, 2026, faces repeal efforts through bipartisan measures such as the FULL HOUSE Act and FAIR BET Act.** These bills seek to restore full deductibility of losses up to winnings. On September 16, 2026, the House Ways and Means Committee advanced a repeal provision as part of a broader tax package by a 38-5 vote, marking the strongest recent momentum. However, the measure still requires full House and Senate approval plus presidential signature before December 31, 2026. Trader consensus at 81% for "No" reflects the short remaining timeline, competing legislative priorities, revenue scoring concerns estimated at $1-2 billion over ten years, and historical stalling of standalone gambling tax fixes amid reconciliation constraints and procedural hurdles.
Ringkasan eksperimental yang dihasilkan AI dengan referensi data Polymarket. Ini bukan saran trading dan tidak berperan dalam bagaimana pasar ini diselesaikan. · Diperbarui



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