The public is being given its fair share of scare stories about July 4th. 
They can be forgiven for being confused as to whether the triple lock is taking more than it is giving, whether pensioners are the greedy parasites feeding on the working population or the hapless victims of a future Labour Prime Minister.
Tax is the issue , but not the obscure niche tax that nobody but a handful of the wealthy have been worried about. The election is being fought not over the Lifetime Allowance but over income tax on the potential for the state pension to exceed the personal allowance.
Those who think that pensioners don’t pay tax have a pretty loose grip on reality. But there is enough disinformation being peddled in our newspapers to turn a few heads. This is unedifying stuff from a Prime Minister who once was a hedge fund manager.
Will this constant argument over intergenerational transfers do yet more harm to the fragile understanding of pensions? As if pensions haven’t already been damaged enough by pension freedoms, they are now becoming the frontline for a low-level political spat.