Reading comprehension is not a requirement to serve.
cmhbob on
„We’ve got to pass the bill to see what it says.“
Smithy2232 on
Under the new provision, gamblers will no longer be allowed to deduct 100 percent of their losses from their income tax, and instead will only be allowed to deduct 90 percent. “Now, for example, gamblers who win $100,000 but lose $100,000—coming out even—would still be required to pay taxes on $10,000,” according to HuffPost.
hymie0 on
You mean, the same way I pay $18,000 in state and local taxes but I can only deduct $10,000?
alleyoopoop on
They have one job.
BTRCguy on
Well, I guess that is evidence that either a) zero Republican senators or their staffs are on this sub, or b) they’re liars.
Though I suppose we should also consider c) both.
ianrl337 on
> The provision was apparently added at the last minute by Idaho Senator Mike Crapo, chairman of the Senate Finance Committee.
His name always comes up with stupid things. They were already suffering, but really this really hurts Nevada and especially Vegas a lot.
Colonel-Mooseknuckle on
You’re telling me 91 year old Chuck Grassley wasn’t aware of this? I’m absolute shocked.
I mean, we don’t trust 90 year olds to drive a car, but make our laws? Sure.
iforgotmymittens on
I thought the whole bill was read out on the floor? Seems like there’s no excuse.
PartyClient3447 on
Wait a minute. The D’s required the entire bill to be read in the chamber before the vote. Were the R’s not in the room??? If they had been, this provision would not be a shock.
InAllThingsBalance on
It never ceases to amaze me how many politicians never read the damn bill on which they are voting. They should, at minimum, sign an attestation that they thoroughly reviewed it.
RadiumEntrails on
Mike Crapo – what a stand up guy, not!
He supports ending IRS Direct File, which allows citizens to file taxes for free
If you’re retroactively stunned by something in a bill you voted to approve, it’s time to fucking step down from office and let someone competent take your place.
ChefCurryYumYum on
That change does not bother me at all.
darkhorsehance on
> Already, bipartisan efforts have sprung up in the House and Senate on provisions to repeal the rule, concerned that it will attract big bettors to black-market gambling in an attempt to escape the rule.
Why would democrats help the R’s with this?
thegreatbluedini on
Someone unplug me so I can reboot in the next, non-shitty universe, please.
jennakiller on
The rule is stupid, but it says so much that saving professional gamblers some money is the thing that they’re most concerned about; only affects about 0.005% of the population
theracody on
Man, if only someone had read the whole bill.
Out loud.
To them.
Full_Of_Wrath on
All these GOP senators and representatives remind me president mcbain from simpson movie “elected to lead not read “
Erdumas on
No they aren’t, they’re lying. They had the bill read to them on the floor. They are aware of everything in it, and they voted for it. Don’t allow them to pretend that they don’t know what they were voting for.
jimgolgari on
Today I learned a terrible rule was added to an omnibus bill by Idaho Republican Mike Crapo.
I wouldn’t be the least surprised if it was co-sponsored by Republican John Turdingham.
KinkyPaddling on
Don’t be fooled. They all knew. They were just too cowardly to stand up to Trump.
brokeneckblues on
So they did not read the bill nor listen when it was read to them and they still voted for it. What a bunch of dork asses.
Nerk86 on
Terrible , really? Is the headline sarcastic?
mabhatter on
Who knew gambling losses were tax deductible in the first place?
That seems like an invitation for massive money laundering if you can just lose money to a casino and take a tax deduction.
Solcannon on
Should have read the terms and conditions when they signed up for the GOP.
4rp70x1n on
Seems to me that if legislators aren’t bothering to read the goddamn bills they’re voting for, they aren’t doing their fucking jobs!
beaver_of_fire on
There’s a senator named Crap-O? 🤣 what’s Idaho other senator named Turdsandwich?
InsomniaticWanderer on
„how could the democrats do this?“
Just fucking wait. They’ll say it.
PipsqueakPilot on
Ya know what. Good. Sports betting and gambling is a plague that serves only to funnel money upwards. The industry is of course also massive donors to conservatives. So if the Republicans want to accidentally do some good and fuck over their donors I say more power to them!
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Taxes on Gambling Losses.
Reading comprehension is not a requirement to serve.
„We’ve got to pass the bill to see what it says.“
Under the new provision, gamblers will no longer be allowed to deduct 100 percent of their losses from their income tax, and instead will only be allowed to deduct 90 percent. “Now, for example, gamblers who win $100,000 but lose $100,000—coming out even—would still be required to pay taxes on $10,000,” according to HuffPost.
You mean, the same way I pay $18,000 in state and local taxes but I can only deduct $10,000?
They have one job.
Well, I guess that is evidence that either a) zero Republican senators or their staffs are on this sub, or b) they’re liars.
Though I suppose we should also consider c) both.
> The provision was apparently added at the last minute by Idaho Senator Mike Crapo, chairman of the Senate Finance Committee.
His name always comes up with stupid things. They were already suffering, but really this really hurts Nevada and especially Vegas a lot.
You’re telling me 91 year old Chuck Grassley wasn’t aware of this? I’m absolute shocked.
I mean, we don’t trust 90 year olds to drive a car, but make our laws? Sure.
I thought the whole bill was read out on the floor? Seems like there’s no excuse.
Wait a minute. The D’s required the entire bill to be read in the chamber before the vote. Were the R’s not in the room??? If they had been, this provision would not be a shock.
It never ceases to amaze me how many politicians never read the damn bill on which they are voting. They should, at minimum, sign an attestation that they thoroughly reviewed it.
Mike Crapo – what a stand up guy, not!
He supports ending IRS Direct File, which allows citizens to file taxes for free
>https://en.wikipedia.org/wiki/Mike_Crapo#Political_positions
_THIS_?!?!?!?!?! is what they take issue with????
LOL and who does the most gambling?
Retired people on social security.
If you’re retroactively stunned by something in a bill you voted to approve, it’s time to fucking step down from office and let someone competent take your place.
That change does not bother me at all.
> Already, bipartisan efforts have sprung up in the House and Senate on provisions to repeal the rule, concerned that it will attract big bettors to black-market gambling in an attempt to escape the rule.
Why would democrats help the R’s with this?
Someone unplug me so I can reboot in the next, non-shitty universe, please.
The rule is stupid, but it says so much that saving professional gamblers some money is the thing that they’re most concerned about; only affects about 0.005% of the population
Man, if only someone had read the whole bill.
Out loud.
To them.
All these GOP senators and representatives remind me president mcbain from simpson movie “elected to lead not read “
No they aren’t, they’re lying. They had the bill read to them on the floor. They are aware of everything in it, and they voted for it. Don’t allow them to pretend that they don’t know what they were voting for.
Today I learned a terrible rule was added to an omnibus bill by Idaho Republican Mike Crapo.
I wouldn’t be the least surprised if it was co-sponsored by Republican John Turdingham.
Don’t be fooled. They all knew. They were just too cowardly to stand up to Trump.
So they did not read the bill nor listen when it was read to them and they still voted for it. What a bunch of dork asses.
Terrible , really? Is the headline sarcastic?
Who knew gambling losses were tax deductible in the first place?
That seems like an invitation for massive money laundering if you can just lose money to a casino and take a tax deduction.
Should have read the terms and conditions when they signed up for the GOP.
Seems to me that if legislators aren’t bothering to read the goddamn bills they’re voting for, they aren’t doing their fucking jobs!
There’s a senator named Crap-O? 🤣 what’s Idaho other senator named Turdsandwich?
„how could the democrats do this?“
Just fucking wait. They’ll say it.
Ya know what. Good. Sports betting and gambling is a plague that serves only to funnel money upwards. The industry is of course also massive donors to conservatives. So if the Republicans want to accidentally do some good and fuck over their donors I say more power to them!