It was kind of Cllr John Taylor to warn all the cash-strapped struggling families of Tameside of the dire consequences of falling into the trap of borrowing money from ‘Pay-Day Loan Companies’ in order to pay their ever increasing household bills. (See his Letter to the Editor, Tameside Reporter – 24 October 2013)
Strange he didn’t mention the ever increasing ‘Council Tax’ that he and his fellow Labour councillors landed us with this year and will no doubt increase it again next year too, in order to fund their avarice.
Then in an effort to mitigate his council’s greed he told us of Ed Miliband’s plan, (should Labour return to office in 2015) to raise a levy on the Pay-Day Lenders profits and give it to Credit Unions so that they can lend it to struggling families instead.
Now can anybody see the madness of this?
Labour increase their taxes, they then raise a levy on company profits and give the money to Credit Unions to lend to indebted families, so they can pay their taxes!
Do these people think we’re stupid?