Australian (ASX) Stock Market Forum

Reply to thread

But if you look at the people the H1B visas are bringing in its not exactly the Manhatten project. Even the tech-workers they bring in are typically lower skilled then the American tech workers they are replacing but they will work for much lower pay. Its all about lowering labour costs it has nothing to do with filling skills shortages or bringing in highly skilled workers. The whole H1B visa system is a giant rort.


It should never be cheaper to hire foreign workers.


How come Trump wants to protect American companies from foreign competition by using tariffs but he won't be consistent and protect American workers? He should be putting tariffs on any foreign workers (via additional payroll taxes). Putting an additional 50% payroll tax onto H1B visas will end the rorting quickly. Then companies will only use it when its to fill a skill that is genuinely in shortage (which is actually very rare in reality).


Top