Twisting language to justify theft

I'm not going to get into a detailed thing about the government's reported plans to raid private pensions, but one thing I will take issue with:

"Some Conservative MPs expect the axing of higher-rate relief to be merely the first stage in a more extensive and radical plan which would end up with all tax relief – including on contributions made by people paying the basic 20p rate of income tax – being abolished, saving £22 billion a year in total." (from the Telegraph)

Saving?

Changing the tax laws in order to increase taxation can only be called saving if you believe that all our money belongs to the government in the first place, which I for one do not.