2 chapters across the catalog
The recent budget legislation includes a significant change for sports bettors, placing a 90% cap on the ability to deduct losses against winnings. This means individuals could face tax liabilities even if their net gambling profit is zero. Lawmakers from Nevada are reportedly seeking a bipartisan fix to address the frustration within the gambling community.
Britain's Court of Appeal ruled that Pringles contain enough potato to be legally classified as potato chips, making them subject to Value-Added Tax (VAT). Manufacturer Procter & Gamble had argued the product was not a potato chip in an attempt to claim a tax exemption. The hosts find it ironic that a company would fight to prove its product lacks the primary ingredient it is known for.
