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Republican Tax Bill Is a Losing Deal for Gamblers
The law is creating backlash from the gambling industry and bettors who could owe taxes even if they break even.
Gambling tax repeal bill blocked in Senate
Nevada Democrat Catherine Cortez Masto sought to pass legislation that would restore full deductibility of wagering losses.
Senate Tax Bill Strikes Clean Energy But Leaves Room for Relief
The Senate version of President Donald Trump’s tax-and-spending bill would soften the blow for wind and solar developers, which had feared a sharp reduction in subsidies that helped spur a renewable power boom in the past few years.
Senate Republican tax bill passes 'SALT' deduction cap of $40,000. Here's who would benefit.
The $40,000 cap would begin this year, with the same $500,000 income phaseout, and both figures would rise by 1% annually from 2026 through 2033.
The Chronicle of Philanthropy15d
Senate Passes Tax Bill With Mixed News for Nonprofits
The Senate version includes a larger charitable deduction for non-itemizers than the House version, but it also sets a floor and a cap for wealthy donors, which could reduce giving.
Senate removes excise tax on renewable energy industry from Trump domestic policy bill
The Senate budget bill would have imposed an excise tax on certain wind and solar projects with foreign materials.
Kiplinger27d
Five Surprising GOP Senate Bill Tax Changes to Know
Senate Republicans proposed tax changes for Trump’s ‘one big, beautiful bill.” Some provisions have stirred debate.
Senate GOP blows through 2nd hurdle of the night, teeing up Trump's clawback bill for hourslong debate
Senate Republicans advance President Donald Trump's $9 billion spending clawback package through final procedural hurdle, with some bipartisan opposition to foreign aid cuts.
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