Hardly anyone disagreed that Nigeria needed a new tax regime. The erstwhile tax rules were complex and cumbersome, their administration ridden with corruption and inefficiency. So, when, in August 2023, barely four months in office, President Bola Tinubu inaugurated the Presidential Committee on Fiscal Policy and Tax Reforms, he was on to something truly transformative if carefully crafted and shaped by a broad consensus. Unfortunately, however, the tax reforms started off on the wrong foot and ended, after a tortuous process, with new tax laws tainted by bad faith, manifested in skulduggery and cognitive biases that threaten to undermine the integrity and, thus, success of the new tax regime.