@lexiconical this is a great series of posts for encouraging an open minded approach to the rewards on Steemit which I enjoyed reading and reconsidered my position on even to the point of making comments saying I would change my mind.

Reading the comment by @sean-king though reinforced the view I shared before in the article you reference at https://steemit.com/steemit/@jerrybanfield/steemit-tax-calculation-and-payment-system which I believe still most closely complies with the existing law in the US. While what you have shared here is exactly right in theory, the key point for me is that I want to sleep soundly at night knowing that I have taken the best approach I know of with the taxes. Your points are all valid but the fact remains that it would be easy for the IRS to hit me with massive penalties on an audit including as much as prison time for failing to report my Steem Power and SBD income received. It is worth it to me to just pay the taxes and then sure if I did not do the calculations exactly they way they like then I might be off by a little bit and no big deal. Until we can get the IRS workers to stop showing up from work because they are conscious of the fact that they are a key point in the system for oppressing the entire world, then a conservative approach is the most reasonable angle to take. I am all for standing up to tyranny but in this case an approach that is less easy to counter is logical. Better to pay the taxes and work on raising all of our consciousness than make an easy target for tax fraud!