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Trump to impose $100k fee for H-1B worker visas, White House says

reuters.com

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Re: Trump to impose $100k fee for H-1B worker visas, White House says

#801

Post by justanotherjoe »

Animats wrote: post #725

The $100,000 fee isn't the real route to a visa. See the proclamation text: [1] (c) The restriction imposed pursuant to subsections (a) and (b) of this section shall not apply to any individual alien, all aliens working for a company, or all aliens working in an industry, if the Secretary of Homeland Security determines, in the Secretary’s discretion, that the hiring of such aliens to be employed as H-1B specialty oc…

Judging from reason events, this is just another scourge he can (and will) use against democratic cities or entities

Re: Trump to impose $100k fee for H-1B worker visas, White House says

#802

Post by dudus »

afavour wrote: post #423

Putting all else aside: if you’re an H1B holder currently outside the US you must return within 24 hours or you’re on the hook for $100k: https://bsky.app/profile/reichlinmelnick.bsky.social/post/3l... Unfathomably cruel.

This link is dead already. Not sure if this is correct, it truly is confusing.

Re: Trump to impose $100k fee for H-1B worker visas, White House says

#803

Post by telchior »

Animats wrote: post #725

The $100,000 fee isn't the real route to a visa. See the proclamation text: [1] (c) The restriction imposed pursuant to subsections (a) and (b) of this section shall not apply to any individual alien, all aliens working for a company, or all aliens working in an industry, if the Secretary of Homeland Security determines, in the Secretary’s discretion, that the hiring of such aliens to be employed as H-1B specialty oc…

Every change this admin implements needs this examination first. Everyone is in here having earnest discussions about policy pros and cons, but it ain't that country anymore.

The companies the admin favors are being given backdoors for every policy that's presented, and the way to become favored is to present bribes, whether they come in the form of gold plaques, lawsuit settlements, crypto investments, or stock market collusion.

Re: Trump to impose $100k fee for H-1B worker visas, White House says

#804

Post by N2yhWNXQN3k9 »

telchior wrote: post #803
Animats wrote: post #725

The $100,000 fee isn't the real route to a visa. See the proclamation text: [1] (c) The restriction imposed pursuant to subsections (a) and (b) of this section shall not apply to any individual alien, all aliens working for a company, or all aliens working in an industry, if the Secretary of Homeland Security determines, in the Secretary’s discretion, that the hiring of such aliens to be employed as H-1B specialty oc…

Every change this admin implements needs this examination first. Everyone is in here having earnest discussions about policy pros and cons, but it ain't that country anymore. The companies the admin favors are being given backdoors for every policy that's presented, and the way to become favored is to present bribes, whether they come in the form of gold plaques, lawsuit settlements, crypto investments, or stock mark…

> whether they come in the form of gold plaques, lawsuit settlements, crypto investments, or stock market collusion.

You forgot monopolization, power consolidation, etc

Re: Trump to impose $100k fee for H-1B worker visas, White House says

#805

Post by nextworddev »

Animats wrote: post #725

The $100,000 fee isn't the real route to a visa. See the proclamation text: [1] (c) The restriction imposed pursuant to subsections (a) and (b) of this section shall not apply to any individual alien, all aliens working for a company, or all aliens working in an industry, if the Secretary of Homeland Security determines, in the Secretary’s discretion, that the hiring of such aliens to be employed as H-1B specialty oc…

So you are saying this is bullish for QQQ

Re: Trump to impose $100k fee for H-1B worker visas, White House says

#808

Post by bonestamp2 »

ambicapter wrote: post #786
roughly wrote: post #85

I think there’s plenty of interesting debates to be had about immigration policy and its effects on the labor market, but one thing worth noting here is that the primary problem that damn near every other country on earth has isn’t immigration, it’s brain drain. A core strategic strength of the US over the last century has been that everyone with any talent wants to come here to work, and by and large we’ve let them…

love it or hate it, it hasn't worked out well for/in the minds of native-born us citizens either, a sentiment which I think this policy is going to tap into hard.

That was my thought too, and then I wondered if the workers are $100k more expensive to bring here then maybe the jobs are just going to go to the same people, but in their home country.

Re: Trump to impose $100k fee for H-1B worker visas, White House says

#809

Post by nikkwong »

nikkwong wrote: post #798

I think one important distinction that I haven’t seen mentioned here much is that there is a big difference between handing out h1bs to cognizant employees vs students who did masters programs in the US and are working as direct hires in faang companies. In the latter case, these workers have already invested tens if not hundreds of thousands into the US as well as many years before even making a dime. This cohort is…

And not to belabor this point, but he’s doing such one-dimensional math here by thinking of the immigration scenario as zero sum. Trump has clearly lost the plot. What he is failing to consider is that the US is in a long term ideological war with our biggest enemy China, and our best hand in this game is stealing their best and brightest to live in the west and have them to learn and love western values; which they will use to influence their friends, families, and social media circles back at home.

I’ve seen this happen with just about every friend of mine who has immigrated from China to the US and the effect that it has on their immediate network carries significant weight at shifting their perspective. Xi is not popular at home, and the west should be doing what it can to increase domestic Chinese instability in the same way they’re doing to us (very successfully). Rather, he is hell bent on unifying them to hate America.

There’s an ideological war happening and our president is not only too stupid to play ball but he’s also interested in giving up the hand of cards we already have. He is a true and utter moron and it’s hard to understate my level of disgust.

Re: Trump to impose $100k fee for H-1B worker visas, White House says

#810

Post by newfriend »

nomilk wrote: post #744

US-based companies that depend on H-1Bs may: - stomach the cost increase, - reduce the number of H-1Bs they hire, - move (the company) out of the US (i.e. to less imposing jurisdictions). If companies choose the latter, the irony is the resulting reduction in US tax revenue from companies moving out could outweigh the gains in revenue from the $100k H-1B tax, thus resulting in lower US government tax revenues due to…

You missed one:

Hire Americans.

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