This is actually smart. Many H1B visas are used to undermine fair labor wages for already local talent. We should ensure that H1B visas are for actual unique talent and not just to undercut local wages. H1B is ripe with abuse - this article by Bloomberg says that half of all H1-B visas are used by Indian staffing firms that pay significantly lower than the US laborers they are replacing: - https://www.bloomberg.com/g…
This is very short term thinking, in that it assumes a constant amount of work and ignores the global competition for labor. If the US loses its massive lead in the network effects of a large labor pool, the amount of work in the US will shrink, both by moving to other countries and less overall innovation. This is not a beneficial move for most software engineers.
20K H1Bs with $30K fee
20K H1Bs with $60K fee
20K H1Bs with $100K fee
unlimited H1Bs with $200K
Any oversubscription in a category - you have a choice of either going through lottery or paying for the higher category.