Answer: Professional Poker Players.
Why?
A new provision will significantly change the way poker losses can be deducted.
It limits the deduction on gambling losses to 90% vs. the long standing 100%.
This potentially leads to taxation on income that wasn’t actually banked. For
example, if a pro wins $1,000,000 and loses $1,000,000, previously there would
be zero tax. Under the new law, he would be taxed on $100,000.
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