Calls to tax pensioners more to boost Britain’s public finances

• The Institute for Public Policy Research has urged the government to extend National Insurance to older earners to ease growing fiscal pressures.
• A report by Oxford professor Ben Ansell warns that an ageing population will account for nearly 80 per cent of additional fiscal pressure on the UK by 2075.
• Proposed reforms include applying a 2 per cent National Insurance surcharge to pensioners and replacing council tax and stamp duty with a single property tax.
• The recommendations follow statements from Andy Burnham, who refused to rule out tax increases in the upcoming Budget due to the state of public finances.
• The IPPR argues that tax reform is necessary to protect younger workers from bearing an unfair share of the national tax burden.

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Pensioners should be taxed more to address rising costs of ageing population, Burnham told