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C.four. Tax Credit score – A protracted-standing proposal to increase employment is to utilize the tax system to provide corporations incentives to rent further workers (Spence and Hlatshwayo 2011). For example, Alan Blinder, former vice-chairman of the Federal Reserve, has proposed giving companies a tax credit score unemployed professors assessment unemployed professors unemployed professors equal to 10 % of the rise in their wage payments over the earlier yr (Blinder 2013). Completely different specialists have proposed using tax coverage to income youthful people who may be disproportionately affected by technological unemployment (Sachs and Kotlikoff 2012).
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