Cardozo Public Law, Policy & Ethics Journal
Abstract
The article argues that the U.S. tax system unfairly treats professional poker players by restricting the deduction of gambling losses under Section 165d, despite poker being increasingly recognized as a game of skill. This disparity contrasts with the treatment of other professions, which can fully deduct business expenses. The analysis calls for legislative clarification to align the tax treatment of professional poker players with that of other professionals, ensuring equitable tax outcomes.
Disciplines
Communications Law | International Trade Law | Law | State and Local Government Law
Recommended Citation
George Remennik,
Mrs. Tschetschot's Busted Hand, Poker, and Taxes: The Inconsistent Application of Tax Laws on a Game of Skill,
8
Cardozo Pub. L. Pol’y & Ethics J.
485
(2010).
Available at:
https://larc.cardozo.yu.edu/cplpej/vol8/iss2/7
Included in
Communications Law Commons, International Trade Law Commons, State and Local Government Law Commons