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C.4. Tax Credit – A long-standing proposal to increase employment is to use the tax system to give corporations incentives to rent extra workers (Spence and Hlatshwayo 2011). For instance, Alan Blinder, former vice-chairman of the Federal Reserve, has proposed giving firms a tax credit unemployed professors review score equal to 10 p.c of the increase in their wage payments over the earlier yr (Blinder 2013). Different specialists have proposed using tax coverage to benefit young individuals who could also be disproportionately affected by technological unemployment (Sachs and Kotlikoff 2012).

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