You already have the answer, contained in your own question; because I'm not so sure. Puts are a dangerous game. I'm sure enough that the UK consumer is getting poorer to divest of shares; not sure enough (especially on timescales) to outright gamble on it. A lot of people have been 100% right that a company is doomed and then gone on to lose a whole lot of money on puts.
So far it's worked out very well. I moved the money into space and green energy.
i remember trying to use public transport to move around portland from my hotel in the convention center area to the downtown and after sundown it was practically impossible
well if thats the practice you find problematic, why not tax that
how would fluctuation in stock prices be handled?
if stocks go down , do you get a refund ?
this seems like a paperwork and fraud riddled method to achive a very minor impact on very few people who could be taxed directly when they access actual cash