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RE: Valuing Steem Rewards As Taxable Income Is A Vast Overstatement Of Tax Liability - Part 2 - The Thin Order Book & Flash Crashes

in #taxes7 years ago

Very nice explanation. I very like your comparisons and examples that you point out. Even if someone isn't familliar with the topic I'm certain that they'll understand. Already learned a lot from you and I'm wainting for part 3 :)
And Btw I bet this apple comparision wasn't coincidence :p

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Thank you for the kind words. Taxes are a boring, dense, and deliberately over-complicated topic. Unfortunately, they are also something we all need to be able to "defend" ourselves from with understanding.

Apple made for a liquid, large, and very identifiable market but it is, admittedly, just about the largest one I could have picked.