The leader of Winston First has creaked into life again but his address to Grey Power shows he’s still confused.
Mr Peters told Grey Power’s annual meeting in Christchurch that superannuitants were not going to be better off under the tax changes the Government is going to announce in next month’s budget.
You’d think a former Treasurer would understand how superannuation works.
It’s based on the average after tax income. That means that if, as been mooted, tax rates decrease then superannuation increases.
Besides, the government has said that if GST increases then all beneficiaries will get a compensatory increase in their benefits.
He called his address Malice in Blunderland which gave Tariana Turia the opportunity to say:
Mrs Turia suggested he might be getting himself confused with the Mad Hatter, the Cheshire Cat, the March Hare or perhaps the Dodo.
Or maybe all of the above.