A gambling tax provision in President Trump’s megabill that passed Congress earlier this month is ruffling feathers on both sides of the aisle. Tucked into the approximately 1,000-page tax and spending cuts plan is a measure that experts say will make it more expensive for gamblers to lose,

Big Beautiful Bill affects personal injury plaintiff firms. The double tax is now permanent, but there's no litigation finance tax avoided or AI regulation moratorium.

Some of the measures are effective immediately, while others don’t kick in for several years – notably, after the 2026 midterm elections.