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RE: Valuing Steem Rewards As Taxable Income Is A Vast Overstatement Of Tax Liability - Part 1
I agree with you on Steem and SBD, but not on Steem power. That is a very subjective and intangible thing. The IRS is not going to pursue something like that....if they did, they would to pursue instagram accounts and fb accounts with a ton of followers because that is also intangible value.
I agree with you on that and sounds reasonable. Whats not reasonable is getting taxed on money that you really don't have yet until its in your checking or savings accounts as income. I just don't like being taxed on assets. Then again who does? :)