It's hard to know how it will affect mystery shopping... If we can't deduct mileage, MSC's will have to pay a little more to get their shops done.... However, the tax bill could have a much more significant impact on us than just that.
If the GOP is correct, it will cause the economy to really boom and unemployment to plummet. This will mean more folks who have regular jobs and fewer who will choose to shop. At the same time, the booming businesses will demand more shoppers and have more money to spend on shopping. This would be very, very good for us as MSC's will have to pay more to attract from the limited number of shoppers available to do them.
If Democrats are correct, all benefits from the tax cut will got to the wealthiest among us and folks will have fewer government subsidized benefits. Health insurance costs will make it out of reach for many more folks. Wages won't go up. More folks will be desperate for extra money and the shopping economy will be depressed as there will be more shoppers available... I heard one economist predict a major recession. That would be bad.
So, do you believe in the GOP's Supply-Side Economics (and the Laffer Curve) or do you believe in Democrats' Keynsian Economics?
I'm not an economist. My take is : Hang on, we could be in for a ride.
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