Federal lawmakers introduce repeal on federal excise tax on betting

Legislators from both parties and both chambers are trying to remove the 0.25% federal excise tax on sports betting handle once more.

There has never been much momentum behind the attempts to remove the excise tax. In both chambers, there is also a conflicting bill that needs to be addressed. The year began with the introduction of the Gambling Addiction Recovery, Investment and Treatment Act.
 
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