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Campaign Explains Why McCain Did Not Report Gambling Gains and Losses on His Tax Returns

On Saturday, I asked Why Hasn’t McCain Reported His Gambling Gains and Losses on His Tax Returns?.  The McCain campaign responded today via Above the Law:

John McCain has had little occasion to try his luck at gaming in 2006 and 2007, as he was otherwise occupied during that time — and had no winning sessions. As a result, Senator McCain had no taxable income when he did.


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