Detailed text transcripts for TV channel - MSNBC - 20140416:07:59:00
Loans, there's a lot of weigh-in, which we are profiting, making double-digit profits off of poor people, by essentially loaning back to them the money that they already make. >> so what is the solution here? >> the solution is, there has to be greater regulation. first of all, there's not even a regulation of who can qualify as a tax preparer. there has to be some regulation around who can do this. there has to be -- there are actually existing ways through nonprofits, in churches and other ways who are poor to get their taxes prepared for free. there's no way they can compete against the mar...