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C.four. Tax Credits – A protracted-standing proposal to increase employment is to utilize the tax system to supply companies incentives to rent additional employees (Spence and Hlatshwayo 2011). For instance, Alan Blinder, former vice-chairman of the Federal Reserve, has proposed giving firms a tax credit score unemployed professors review unemployed professors equal to 10 % of the increase in their wage payments over the earlier yr (Blinder 2013). Related Post: at yahoo Totally different specialists have proposed utilizing tax coverage to profit youthful people who may be disproportionately affected by technological unemployment (Sachs and Kotlikoff 2012).

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