I also really miss the old Finder Labels from Apple. I am not happy with Tags as it fills no purpose at all. The colored Label text I found in TF is a first step in the rigt direction. It is really a pain for us with reading disabillities to sort and find information when there is no coloring information on ICON level.
Please take a look at: https://discussions.apple.com/message/33876384#33876384
And if possible, please enable Icon coloring as a substitute for File name coloring.
Thanks for a great product…