H.R. 1440 proposes an amendment to the Internal Revenue Code of 1986 that seeks to eliminate excise taxes on wagering activities. The bill, named the "Discriminatory Gaming Tax Repeal Act of 2025," intends to remove Chapter 35, which imposes taxes on wagering. This change...
Simple Explanation
H.R. 1440 is a plan to stop the special tax that people have to pay when they make bets or gamble over the internet. If this happens, there might be less money for the government to use for things like schools or parks.