Comment by bdangubic
7 days ago
If the Democrats were smart (they are not) they could landslide next election (and 5 more) by running a simple campaign, “Americans First,” the core of which would be to slap 1000% tax of any job which is outsources. Your company wants to hire someone from X, for every dollar paid in salary you have to pay $100 to the IRS.
The 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
So are you saying that no multinational company ca have employees overseas?
This is really a poorly thought out proposal.
there are tens of thousands of national companies - hence the term “out”sourcing.
the “multinational” issue can be solved as well (if anyone cared to solve it)
So exactly how do you solve it? Don’t let any multi national companies hire from outside of the US?
Are you going to also ban “national” companies from setting up overseas departments?
4 replies →
then they'd immediately create an indian subsidiary, Google SEAsia, and the hire through them
that's what many do anyway
there could be a tax on offshoring in general but good luck getting that passed, or enforcing it