The original intent of this worker visa was to allow American companies bring in high priced talent they couldn't find in America, but it quickly became a way for these same companies to bring in cheap labor.
Paying $100,000 for a three year visa restores it to it's original purpose.
And today Trump announced that those currently here on H1B's are grandfathered in.
Thomas Sowell: There are no solutions, just trade-offs.
Seems a bit steep to me. That's over $33k per year that is essentially being spent on taxes instead of compensation, or benefits, or operations of the business. Might do more harm than good and keep some minds we might wish to employ from being recruited.
Good point, but since 90% of H1B's are cheap Indian workers instead of expensive Japanese and European employees, it appears that companies are trying to "game" the system.
Thomas Sowell: There are no solutions, just trade-offs.
A bit tough to "game the system" when the number of application requests are 9x the number of available visas and there's an annual lottery for the slots. Only exempt industries are affiliated with university or government research organizations.
The $100k price tag pretty much prices out start-ups, university research, non-profits, and others who may benefit from the program and puts it into a "pay-to-play" luxury work permit world of Amazon, Google, Meta, Apple, et al and might actually push more employment off-shore for smaller companies needing to expand their IT assistance for their customers.
Not really sure this was fully thought out is all I'm saying, maybe an increase in the cost of the visa was needed to ensure that it wasn't being abused to deflate opportunities or wages, but I still think $100k is over the top of what was needed.
