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C.4. Tax Credits – A long-standing proposal to increase employment is to use the tax system to provide companies incentives to hire extra staff (Spence and Hlatshwayo 2011). For instance, Alan Blinder, former vice-chairman of the Federal Reserve, has proposed giving companies a tax credit unemployedprofessors review equal to 10 p.c of the increase in their wage payments over the previous 12 months (Blinder 2013). Other specialists have proposed utilizing tax policy to learn young people who may be disproportionately affected by technological unemployment (Sachs and Kotlikoff 2012).
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