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C.four. Tax Credits – A long-standing proposal to increase employment is to make use of the tax system to present firms incentives to rent extra 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 10 p.c of the increase in their wage funds over the previous 12 months (Blinder 2013). Related Post: this contact form Other specialists have proposed utilizing tax coverage to profit young people who may be disproportionately affected by technological unemployment (Sachs and Kotlikoff 2012).