Earlier quoted context omitted.
The top end of H1B has been great for America. In the last few decades, there has been growth of abuse of the program to get mid level talent at below market rates which really hurts the middle class in America. People need to understand that most reformists don't want to get rid of the truly exceptional immigration to the US. We need to limit the volume, especially the immigrants that are directly competing with a h…
How valid is this premise in an increasingly global world? Most of the companies that are paying salaries could (and already do!) have offices in other jurisdictions where they could hire the same talent. Better to bring this talent onshore, where the wages are taxed, than force these companies to hire from satellite offices? It doesn't make much financial sense for companies to stop sourcing talent globally just bec…
But there's a parallel push around taxing American firms using foreign labor (https://www.moreno.senate.gov/press-releases/new-moreno-bill...).
If multiple new policies are put in place at the same time, then... I dunno... it seems harder to predict...