> Please, reach out to your congressperson and urge them to force the IRS to provide more clarity and guidance on this issue.
Good luck with that, considering that the vagueness and uncertainty is almost surely the purpose of such measures, rather than an unintended consequence.
Today's regulatory landscape operates not by prohibiting things (which would be open to legal and social challenges), but by making compliance prohibitively expensive, or outright impossible.
> Today's regulatory landscape operates not by prohibiting things (which would be open to legal and social challenges), but by making compliance prohibitively expensive, or outright impossible.
This is a weird view and absolutely inapplicable to most things. It's basically a fantasy pushed by some politicians to get votes.
Good luck with that, considering that the vagueness and uncertainty is almost surely the purpose of such measures, rather than an unintended consequence.
Today's regulatory landscape operates not by prohibiting things (which would be open to legal and social challenges), but by making compliance prohibitively expensive, or outright impossible.