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"It was a windfall gain for Louis Vuitton.
Foreigners own about 20% of all capital in the economy, so it's a big windfall gain for them.
"The VAT relief at airports is intended to reduce prices for travellers not as a windfall gain for shops," he said.
"We have been clear, however, there will be no windfall gain for non-participating states and territories," a statement from the prime minister said.
The starter homes offer has been modified to make it less of a quick windfall gain for those who are able to take advantage of it.
Speaking to the Independent, he said: "The VAT relief at airports is intended to reduce prices for travellers, not as a windfall gain for shops.
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This would imply windfall gains for those without housing costs.
Worse, a housing element that would meet London rents would lead to huge windfall gains for people renting more cheaply in other regions.
The best way to get the economy moving again would be to give food stamps to the poor, who spend the money, rather than tax cuts to the rich who would save it.Arguing for windfall gains for billionaires in the era of an Occupy Wall Street protest and 9% unemployment always looked like a non-starter.
We compute the effects of windfall gains for 8 hypothetical types of individuals.
There will be windfall gains for large corporations, already powerful commercial property owners and residential landlords far from Ground Zero (to name a few).
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com