Prime Minister David Cameron has claimed to be a 'tax cutting ' politician . Reputation under fire after the revelation by the Institute for Fiscal Studies . It discovered tax rises totalled £64.3billion - including £14billion VAT hike . 40p are paying Millions tax for first time and inheritance tax increased too . Ministers say tax rises necessary to help plug budget deficit left by Labour .
Prime Minister David Cameron has claimed to be a 'tax cutting ' politician . Reputation under fire after the revelation by the Institute for Fiscal Studies . It discovered tax rises totalled £64.3billion - including £14billion VAT hike . Millions are paying 40p tax for first time and inheritance tax increased too . Ministers say tax rises necessary to help plug budget deficit left by Labour .