Republicans Block Repeal of Gambling Deduction Cap, Nevada Lawmakers Push Back
Efforts to undo a newly enacted tax provision affecting gambling losses came to a halt in the U.S. Senate on Thursday, as Republican lawmakers blocked a measure led by Nevada Democrat Sen. Catherine Cortez Masto. The provision—part of the expansive tax and spending bill signed by former President Donald Trump last week—has drawn fierce backlash […]

Efforts to undo a newly enacted tax provision affecting gambling losses came to a halt in the U.S. Senate on Thursday, as Republican lawmakers blocked a measure led by Nevada Democrat Sen. Catherine Cortez Masto. The provision—part of the expansive tax and spending bill signed by former President Donald Trump last week—has drawn fierce backlash […]