Getting back to Big Brother, Jason Ruspini has an interesting post on the benefit of tax futures, and why it will not happen while Congress is as Congress currently does:
I was encouraged by the comments when Tyler Cowen linked to my last post on tax futures. There is, unfortunately, an obstacle that wasn't touched on. Tax futures would have a tremendous hedging utility and would therefore likely fall under the jurisdiction of the CFTC.
For now, I suspect - well, know - that the CFTC will not approve contracts tied to acts of Congress. The question then becomes: In which countries would tax futures be most feasible from a political and regulatory standpoint?
I myself was happy to leave a comment on the Unlawful Gambling Enforcement Act page of WashingtonWatch a few months ago. Go check out that site, too.