Gamblers would have to pay taxes on 'phantom' winnings under the Senate's spending bill

5 days ago 3

• Consumer

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The gambling world is on tilt this week after an updated section of the Senate's 940-page version of the bill limited the amount of money that gamblers can deduct from their winnings to a maximum of 90% of losses.

The

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3. Gamblers would have to pay taxes on 'phantom' winnings under the Senate's spending bill