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RE: Valuing Steem Rewards As Taxable Income Is A Vast Overstatement Of Tax Liability - Part 1
a note on taxes. The tax codes have become too complicated and burdensome even for irs employees. Did you know you can send the same return to 100 different tax preparers and get 100 different results - with variations of thousands of dollars? Its a crapshoot.
You're absolutely right. That's why the good faith clause is so critical, because without it, we could all end up criminals. When you need a clause that says "our laws are so complicated to understand that it's only breaking the law if you meant to", you may need to scrap everything and start over.