Why are we penalizing qualified accounts with liquidation values?

The Household Balance Sheet opts for the most conservative treatment. In the case of taxes, one option, or choice, involves whether to show the tax as an adjustment to resource value or as an obligation. The Household Balance Sheet methodology favors showing such items as obligations when there is a separate decision to be made (for instance, timing the realization of a tax) and netting the adjustment against asset value when there is not an independent decision point.