Being able to use 83(b) valuation would imply tax on book value which is not really an accurate measure of the value and would favor a whole set of structures a

Being able to use 83(b) valuation would imply tax on book value which is not really an accurate measure of the value and would favor a whole set of structures and increase the amortization / accelerated depreciation / write-down of assets. Our current tax code, similar to a representative democracy , isn't good, it just may be the least bad of all the options out there.