Nevada representatives back proposal to restore full gambling-loss tax deductions
Four Nevada representatives—Susie Lee, Steven Horsford, Mark Amodei and Dina Titus—are backing legislation to restore full federal tax deductions for gambling losses, reportedly. Campaign filings cited in the report show gambling-related donations to the lawmakers, while Lee's office said the earlier cap resulted from rushed lawmaking and supported changing it.
Restoring the deduction could alter the federal tax treatment of gambling losses for players and affect casino-sector lobbying priorities.