Look at the scam in this Treasury press release.
They've called the £200 loan towards energy bills a rebate. It *isn't* a rebate because consumers must repay it in 5 instalments.
Then in the next paragraph there's a council tax rebate that *is* a rebate.
gov.uk/government/new…
They've called the £200 loan towards energy bills a rebate. It *isn't* a rebate because consumers must repay it in 5 instalments.
Then in the next paragraph there's a council tax rebate that *is* a rebate.
gov.uk/government/new…
It's also referred to as a discount.
Can you imagine if Tesco or Amazon applied the same logic?
We'll give you £20 off your shopping now, but you'll owe us 5 legally binding payments of £4.
You'd be livid if they tried to claim that represented a discount.
It's a 0% APR loan.
Can you imagine if Tesco or Amazon applied the same logic?
We'll give you £20 off your shopping now, but you'll owe us 5 legally binding payments of £4.
You'd be livid if they tried to claim that represented a discount.
It's a 0% APR loan.
And here's the really devious part: the Tories are buying voter goodwill now using money that will largely need repaying after the next GE.
So if Labour win, they'll be left with the ticking time-bomb of Tory debts, and a legally binding obligation for *consumers* to repay them.
So if Labour win, they'll be left with the ticking time-bomb of Tory debts, and a legally binding obligation for *consumers* to repay them.
And guess what: if they can get the public and the supine press to buy the nonsense about this being a discount or rebate, they'll tap the same well again and again and again.
Who doesn't love a politician who showers money on you?
And what a fabulous poisoned chalice to leave.
Who doesn't love a politician who showers money on you?
And what a fabulous poisoned chalice to leave.
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