Trump signed a new Executive Order yesterday that imposes a yearly fee of $100,000 per H1-b visa. This will apply to new and renewed visas. It also imposes a deadline on hurt H1-b holders to be within the USA on 9/21/2025 or be charged the fee on entry. The deadline on re-entry does feel very draconian and will screw over a few people that might have been on vacations back home. But the fee structure makes sense to me. H1-b visas have been abused by corporations to artificially suppress domestic labors wages for years. Why pay an American market rate when they can pay 1k and get an H1-b to fill a vacancy at the bottom of the pay band. It then puts downward pressure on the rest of the employees wages. It incentivizes employers to give shitty raises as any vacancies they can fill with imported labor. One company was approved for 5,189 H-1B workers in FY 2025, while laying off roughly 16,000 U.S. employees this year. Another compa...
Political Commentary, opinion, bullshit