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More Jobs, Fewer Bankruptcy Cases? Stay Tuned for More!

By Joseph McDaniel, Esq.

I don't know Governor Jan Brewer. Some people like her, some hate her, because that is the fate of politicians. It all depends on whose ox is getting gored.

But I always like it when a politician cuts taxes. Always. 

And it happens so infrequently that I'm disproportionately happy when I see it.

Now, I'd like to see taxes cut far more.

But hey, "slash" is far better than a 66% increase, of the sort that happened in Illinois recently.

And my overall theory is that more jobs are better than no jobs. So lower taxes on businesses is a good thing, right?

Because I'm in a pretty good spot as a Bankruptcy Lawyer in Arizona to see what employers do when costs of any kind go up.

And that's simple; they fire employees, because it's better to fire them than failing to pay 'em. They get so cranky when they don't get paid, you know?

And if it sounds like I see anything funny about people losing jobs, I sure have you fooled.

Full post as published by Arizona Bankruptcy Attorney Blog on February 20, 2011 (boomark / email).