> However, a tax system that encourages people to lose money, perhaps by funneling it to (on average) much wealthier options traders by buying put options, seems sub-optimal.
In expectation, they're likely not really funneling that much money to options traders. Indeed - if the option pays out, they likely will not have to worry about medicare/healthcare for quite some time.
In expectation, they're likely not really funneling that much money to options traders. Indeed - if the option pays out, they likely will not have to worry about medicare/healthcare for quite some time.