President Donald Trump is considering eliminating federal taxes paid by millions of Americans on gambling winnings.

Newsweek contacted the White House via email outside of regular business hours for further comment.

Why It Matters

Trump’s latest remarks on potentially eliminating federal taxes on gambling winnings come as part of a broader campaign to overhaul the U.S. tax system , building on recent legislative developments such as the One Big Beautiful Bill Act (OBBBA).

With a significant portion of Americans participating in gambling annually, any change to the current tax policy on winnings could have substantial repercussions for taxpayers, government revenues, and the federal deficit .

The considerations also draw attention amid Trump’s administration advocating for

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