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C.4. Tax Credits – A long-standing proposal to increase employment is to make use of the tax system to provide companies incentives to hire more workers (Spence and Hlatshwayo 2011). For instance, Alan Blinder, former vice-chairman of the Federal Reserve, has proposed giving firms a tax credit bid4paper equal to ten percent of the rise of their wage payments over the previous yr (Blinder 2013). Related Post: dig this Different specialists have proposed using tax policy to benefit young individuals who may be disproportionately affected by technological unemployment (Sachs and Kotlikoff 2012).
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