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Introduce a Windfall Tax for properties purchased under Right To Buy

Submitted on Saturday 19th November 2011

Published on Wednesday 30th November 2011

Current status: Closed

Closed: Friday 30th November 2012

Signatures: 3

Tagged with

Council ~ Tax

Petition Action

Introduce a Windfall Tax for properties purchased under Right To Buy

Additional Information

Council tenants have effectively been subsidized by the Taxpayer during their tenure. They are then given the right to purchase the property at a huge discount. Therefore it is only right and proper when they sell the property later at a huge profit, they should give something back by way of a windfall tax. Buy To Let owners have to pay CGT for example.


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