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One solution would be to tax mobiles and Voip like any other sort of phone call, but the committee has also suggested the more radical option of a general tax on telecommunications, with the advantage that it will cover any future technologies too, instead of forcing the law to play catch-up every few years.
BBC: Should you be taxed for sending and receiving e-mails?
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Put options on the XLF are changing hands more than 10 times for each single call option in action as of 11:30 am in New York.
FORBES: Options Signal More Pain In Financials, XLF Put/Call Ratio Highest Since June 2010
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Overall, traders are exchanging more than two call options on the drug maker for each single put option in action, out of total daily options volume in excess of 57, 000 contracts thus far today.
FORBES: Options Players Jump Into Gilead After Hep C Data, Ford And GM Burn Rubber On Jobs Report
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Taking a closer look at this activity, we find that the weekly September 30, 15 strike call option is the most active, with more than 3, 500 contracts changing hands on open interest of just 733 contracts.
FORBES: Yahoo Options Traders: Bullish or Hedging Shorts?