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C.four. Tax Credits – An extended-standing proposal to increase employment is to make use of the tax system to offer firms incentives to hire extra employees (Spence and Hlatshwayo 2011). For example, Alan Blinder, former vice-chairman of the Federal Reserve, has proposed giving corporations a tax credit bid4papers score equal to ten percent of the rise in their wage funds over the previous yr (Blinder 2013). Other consultants have proposed utilizing tax coverage to profit young people who could also be disproportionately affected by technological unemployment (Sachs and Kotlikoff 2012).
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