Costello explains what Rudd, Swan and Tanner cannot

The former Australian treasurer has eleven federal budgets under his belt and his vast experience shows in this interview.

Costello has quite a way with words, and after listening to him you certainly get a better idea of why the mining super profits tax is such a dog.

Peter Costello says that listening to Rudd and Swan try to explain how the tax will work is "excruciating".

Let me tell you, Pete, listening to dumb and dumber talk about anything, is excruciating.

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