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Senate Axes Gym Tax And Equipment Relief: Fitness Plays Crater — PTON, XPOF Lead The Sell-Off, Planet Fitness Rallies
Friday, June 20, 2025 - 12:01pm | 758Fitness stocks witnessed a sharp sell-off this week, after a provision that would allow Americans to use pre-tax dollars from Flexible Spending Accounts (FSAs) and Health Savings Accounts (HSAs) to pay for gym memberships and fitness equipment was excluded from the Senate’s budget...