He doesn’t understand how super works

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.

4 Responses to He doesn’t understand how super works

  1. Hollyfield says:

    I’m sure the former Treasurer understands it perfectly. His campaigning has never been about reality, but about striking fear into the hearts of people so that they will vote for him. The sad thing is, it’s worked over and over. I wouldn’t be at all surprised if my parents vote for him again.

    Like

  2. Cadwallader says:

    Winston has never been bothered with accuracy/truth/integrity etc…

    Like

  3. Inventory2 says:

    It’s your duty Hollyfield, to ensure that your parents are made aware of the possibility of falling under the spell of the Snake-Oil Saleman from St Mary’s Bay. You owe them nothing less!

    Like

  4. gravedodger says:

    IMHO, voting for the SOS of St Mary’s Bay would indicate a level of mental degradation that in a society as educated as ours should automatically disenfranchise the voter and those votes declared void.
    disclaimer I hold a super gold card, I use it on public transport that would otherwise be traveling empty or nearly so, I WILL NEVER VOTE FOR THE SAID CHARLATAN, I contribute to my community and I truly treasure a feeling of value to that community.

    Like

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