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C.four. Tax Credit – A protracted-standing proposal to extend employment is to utilize the tax system to offer firms incentives to rent further workers (Spence and Hlatshwayo 2011). For instance, Alan Blinder, former vice-chairman of the Federal Reserve, has proposed giving companies a tax credit unemployed professors overview equal to 10 % of the rise of their wage funds over the previous year (Blinder 2013). Different specialists have proposed using tax policy to profit youthful individuals who is also disproportionately affected by technological unemployment (Sachs and Kotlikoff 2012).
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