Extreme Commanders

TK wrote: Sun Jul 06, 2025 9:56 pm

Maga has the nerve to rock their hats while on vacation in Mexico. You know that food is getting some extra DNA in it.

More Trump Trade Deal Lies Exposed

Trump in April on trade deals: I'm telling you, these countries are calling us up kissing my ass. They are dying to make a deal. 'Please, please sir, make a deal. I'll do anything sir!'

Trump Treasury Secretary Bessent today on why there are no deals: Many of these countries never even contacted us

Click on the link for more

Gamblers will have to pay taxes on their losses thanks to provision in Trump’s spending bill

The Trump administration’s signature spending package contains a little-known provision which could radically upend the gambling industry.

Previously, gamblers could deduct all their losses from their declared income, while still having to pay taxes on their winnings. As a result, bettors were only taxed if they walked away from the table with a net profit.

But starting next year, under the new bill, which the president signed into law Friday, bettors can only deduct 90 percent of their losses from their declared income.

This sets up the potential for people to pay income taxes even if they ultimately came out of their bets at a loss.

Insiders warned the change could drive away professional and recreational gamers alike impacting tax revenue.

“Did anyone think this through?” Russell Fox, a Nevada-based accountant specializing in gambling, told The Washington Post. “They thought: ‘We’ll bury this somewhere in the bill. No one will see it, and now we’ve got $1 billion of income to offset $1 billion of tax cuts.’”

“This is bad long-term for the casino industry,” he added. “It’s bad for gamblers. It’s actually bad for the IRS, too. We need a less-complex tax system.”

Rep. Dina Titus, a Democratic congresswoman who represents Nevada, said earlier this week she would seek a “legislative fix” to the provision.

“This is just another attack on gaming and tourism and on districts like mine that rely on these industries,” she said in a statement to the Las Vegas Review-Journal. “This also punishes people who are trying to do the right thing by reporting gambling on their taxes, pushing them towards offshore outlets and the predictions market, which unlike legitimate gambling sources, do not invest in bricks and mortar, pay state taxes, hire union labor, or contribute to problem gaming efforts.”

Click on the link for the full article

All but confirmed that Donny was on the list now.

Trump is not happy with Elon: