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Catherine Cortez Masto: “My legislation would allow taxpayers to once again deduct…”

Featuring: Catherine Cortez Masto, Democratic | U.S. Senate from Nevada

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Cortez Masto Pushes to Repeal Tax Hike on Gambling Losses, Save Nevada Jobs

Published | Video Starts at 03:02

And I'm not sure many of my Republican colleagues even knew this was in the bill that they passed. So I am proposing a simple solution which is a return to the previous policy. My legislation would allow taxpayers to once again deduct 100% of their losses from their yearly taxes. We must make this fix. Nevadans take pride in our gaming industry. And the current law could cause serious damage to my state and to our country as a whole. (03:02–03:11)

CLAIM

Asserts that her proposed legislation would restore the full deduction of gambling losses.

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Catherine Cortez Masto

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