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C.four. Tax Credits – An extended-standing proposal to extend employment is to make use of the tax system to provide corporations incentives to rent more employees (Spence and Hlatshwayo 2011). For instance, Alan Blinder, former vice-chairman of the Federal Reserve, has proposed giving firms a tax credit equal to 10 percent of the increase of their wage payments over the previous 12 months (Blinder 2013). Different consultants have proposed utilizing tax coverage to learn young people who could also be disproportionately affected by technological unemployment (Sachs and Kotlikoff 2012).

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