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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 companies incentives to hire more employees (Spence and Hlatshwayo 2011). For instance, Alan Blinder, former vice-chairman of the Federal Reserve, has proposed giving corporations a tax credit bid for papers score equal to 10 p.c of the increase in their wage payments over the earlier 12 months (Blinder 2013). Related Post: try these out Other experts have proposed using tax policy to profit younger individuals who may be disproportionately affected by technological unemployment (Sachs and Kotlikoff 2012).
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