article_snippet: Tax hikes in the last five years have raised an extra £16.4billion a year, equivalent of around £255 for every person in the UK.
article_snippet: A new study by the Institute for Fiscal Studies found that by 2015-16, will have imposed tax rises worth £64.3 billion while tax cuts have totalled only £48billion.
article_snippet: Tax rises introduced since 2010 include a £14 billion hike in VAT and a £5.2 billion increase in National Insurance contributions.
article_snippet: The  study by the Institute for Fiscal Studies found that by 2015-16, will have imposed tax rises worth £64.3 billion while tax cuts have totalled only £48billion .
highlights_snippet: By 2015-16 coalition will have imposed tax rises worth £64.3 billion .
  