By DAVID WOODING
WE all feared it was the case. Now we KNOW it. Britain is being taxed to the hilt.
A new study shows the coalition has imposed twice as many tax rises as it has given us cuts.
Since the George Osborne became Chancellor, he’s made at least two grabs for our hard-earned cash EVERY WEEK.
In the first analysis of its kind, the government is shown to have enforced or announced 299 separate tax rises. Over the same period, there have been only 119 tax cuts.
This means a net rise of 180 tax rises have been inflicted on the public since May 2010.
The forensic study was carried out by the Taxpayers’ Alliance, who scoured Treasury and HMRC documents.
It found that in the last year of the Labour government, £513billion was paid in taxes – £549billion at today’s prices.
By contrast, the Tory-Lib Dem government plans to squeeze us to the tune of £671billion, a real terms rise of 15 per cent.
Of the 299 rises, 254 have already been implemented and a further 45 are in the pipeline.