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C.four. Tax Credit – A protracted-standing proposal to extend employment is to make use of the tax system to supply corporations incentives to rent additional staff (Spence and Hlatshwayo 2011). For instance, Alan Blinder, former vice-chairman of the Federal Reserve, has proposed giving companies a tax credit score unemployed professors assessment unemployed professors review equal to 10 % of the rise in their wage payments over the previous 12 months (Blinder 2013). Totally different specialists have proposed using tax policy to profit younger individuals who could also be disproportionately affected by technological unemployment (Sachs and Kotlikoff 2012).
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