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C.four. Tax Credits – A protracted-standing proposal to increase employment is to use the tax system to present corporations incentives to rent more employees (Spence and Hlatshwayo 2011). For instance, Alan Blinder, former vice-chairman of the Federal Reserve, has proposed giving companies a tax credit unemployedprofessors review equal to ten % of the rise in their wage funds over the earlier yr (Blinder 2013). Other specialists have proposed using tax coverage to learn young people who may be disproportionately affected by technological unemployment (Sachs and Kotlikoff 2012).
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