The current council tax system is not sufficiently progressive. To rectify this the Government should impose a blanket council tax rate of 0.48% of a property’s existing value (which is annually evaluated) ensuring a fairer system.
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The Fairer Share Campaign has highlighted that a property in Middlesbrough worth £150,000 (with a tax bill of £1,702) pays over 1% of the value of the house in tax, whilst an £8 million home in Westminster (with a tax bill of £1,560) pays only 0.02%. This creates an unjust disparity.
Thus the Government must replace this structure with a fairer system that reflects property value to ensure everyone in society pays an equal share.