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by mahyarm
3671 days ago
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Those people are a small portion of H1B visas, if at all, and all it means that instead of a %50 to %100 chance that they get it 'this year' doing it, it's a %100 chance. They also have other options like an L1 visa which is another %100 chance in a year and then can get a green card at the highest priority level as an international executive afterwards. Or they can open a mcdonalds franchise somewhere in a bad part of america and get a E visa for a $500k investment. The wealthy have many options to immigrate. And if they are wealthy they can do this with real corporations too since wealthy people have wealthy friends. Gamebility by the 'wealthy' would be the least of their worries in this case. Most H1-B abuse are body shops such as infosys. 'Price' auctions would be a good improvement for employees, although it would concentrate the visas into places like SF & NYC even further. On top of that, a US passport isn't attractive to the already wealthy. The US has high income tax rates relative to many other places and you can never escape it by moving out, unlike all other citizenships in the world. The already wealthy would move to london, monaco, switzerland or maybe dubai if their goal was wealth preservation. |
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Just because there is a problem that doesn't justify moving to a solution that destroys it. It's better strengthen enforcement so that fines can be used to make it expensive for abusers (like what happened in the article), rather than price out talent that isn't just in finance or high paying fields.