alt Hacker NewsThe funny thing is that this same 60LPA person will happily take a 300k job (assuming parity) with a 50% tax cut because the standard of living is still quite high in maybe Atlanta or Pennsylvania compared to Hyderabad or Bangalore.
In the above scenario the federal government is collecting zero taxes for the employees and the shareholders are getting richer.
By cutting H1Bs the Americans are actually losing money by outsourcing jobs and creating a larger divide between the rich and the poor. Something that the rich actually don’t have a problem with and something people just seem to miss.
> …something people just seem to miss
this is because “people” have stopped thinking for themselves are overwhelmed by “social” and all the rest of the “media” pushing whatever narrative the ruling party wants them to hear. they see “oh look, we have a problem with H1B which will be solved by $100k payment” - boom - “America First /s”
I work on a project where 40+% of staff is off-shore, surely it is much worse in many other places