Unclear regulations are why taxes are so hard to do. The government makes it intentionally opaque and vague so that people will make mistakes and they can fine and sue for even more taxes

Current unclear regulations remind me very much of how taxes are for regular citizens. You always here people complain about how hard taxes are. And with all the ‘near infinite’ resources of the government, really, why is it so hard to them to outline clear tax rules or even agency to guide citizens. And it actually doesn’t even need to come to this as they can quite easily create a online form with all the possible options of drop-down menu and tick boxes that will cover 95% of the tax statutes and enable fast, easy and accurate tax filing. But no, it is intentionally difficult to the point that there are whole legal(lawyer) specialization and job positions just for tax.

Of course, the poor(er) people can’t afford them and quite a number will inevitably make errors when filing them. And from these errors, the government can make claims of tax evasion, financial misrepresentation and the like to fine you for even more taxes. In the very same way, the SEC’s unclear regulations allows them to later on make claims of exchanges and platform violating laws when it was very difficult to determine what the laws really meant in the first place. This is especially so a new sector like crypto using laws that were made nearly a century ago. Way too many tokens fall into a vague grey area.