The tax code should make clear that activities fused with fun, excitement and personal enjoyment are never an occasion for a ...
CLEVELAND - U.S. Rep. Max Miller has introduced bipartisan legislation that would reverse a recent change in federal tax law that forces gamblers to pay taxes on money they never actually earned.
High-stakes gamblers took a loss on Capitol Hill when the bid in the House of Representatives to fully restore the federal tax deduction for gambling losses failed. That development left in place a ...