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C.4. Tax Credits – A protracted-standing proposal to extend employment is to make use of the tax system to present corporations incentives to rent more employees (Spence and Hlatshwayo 2011). For example, Alan Blinder, former vice-chairman of the Federal Reserve, has proposed giving companies a tax credit equal to 10 p.c of the increase in their wage funds over the earlier yr (Blinder 2013). Different experts have proposed using tax policy to profit young people who may be disproportionately affected by technological unemployment (Sachs and Kotlikoff 2012).
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