We’ve worked with the Fairer Share campaign to produce a new report, “Living Longer with the Proportional Property Tax”, which emphasises the urgent need for property tax reform.
The report highlights that:
- Every 0.2% increase in Council Tax burden sees a reduction in life expectancy of one year.
- Lower disposable incomes, poorer housing and inequality in Local Government Funding all adversely impact health outcomes.
- A shift to the Proportional Property Tax (PPT) would mean reduced bills for 75% of households, effectively reducing income inequalities and improving health outcomes.
The report concludes that the current property tax system in the UK is not only unfair but it is also potentially contributing to adverse health outcomes and a stagnation in life expectancy.
Read the full report here.