Bipartisan Jackpot! Bill Seeks to Raise Slot Jackpot Tax Reporting to $5,000
In an era of political polarization and record inflation, a bipartisan bill is about as elusive as a royal flush. Since 1977, the IRS has been taxing slot jackpots of $1200 and more at 37%, an amount that has not been adjusted for inflation in 45 years. A bipartisan group...
