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C.4. Tax Credits – A long-standing proposal to extend employment is to use the tax system to give corporations incentives to rent more workers (Spence and Hlatshwayo 2011). For instance, Alan Blinder, former vice-chairman of the Federal Reserve, has proposed giving corporations a tax credit score equal to ten % of the rise of their wage payments over the earlier year (Blinder 2013). Different specialists have proposed utilizing tax policy to benefit young individuals who may be disproportionately affected by technological unemployment (Sachs and Kotlikoff 2012).
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