Comment by milch
Immigrants pay social security taxes, unemployment taxes, ... that they also will never be able to benefit from. Those are purely for the benefit of US citizens
Immigrants pay social security taxes, unemployment taxes, ... that they also will never be able to benefit from. Those are purely for the benefit of US citizens
I'm not sure where you're getting that from in my comment. I never said US citizens should want H1Bs for everyone with zero vetting, only that they are a net tax positive.
It's not a dichotomy of maintaining the status quo or getting rid of H1b completely. At least in big tech companies, they do follow labor market tests and prevailing wage tests and so on that are designed to vet that there is an unmet need and that visa holders aren't underpaid. I won't deny there are visa mills and consultancies that game the system and pretty much explicitly just hire cheap foreign labor, but this is a thread about H1B in the context of Amazon layoffs, not InfoSys layoffs.
It depends if the immigrant is hired because the native worker is deemed too expensive. In this case, it contributes to reducing contributions through wage suppression.
If you have access to data that shows big tech is preferentially hiring visa holders over US citizens you should get on that class action lawsuit right away. That's probably hundreds of thousands or even millions per person in lost wages, and even after lawyers take their 30% cut, that's still a sizable chunk.
It's anecdata, but a college friend who now works at as a manager in an IT/Data consultancy in my birth country in the EU told me bluntly that they prioritized hiring foreigners as they were 20% cheaper.
Given that the company sponsors them and come from lower incomes countries, they are ready to accept lower wages. If they do it I don't see why everyone wouldn't be doing the same.
It's of course hard to prove formally as those companies will comply with regs to make it look like they aren't discriminating (fake job ads, etc...). By the way in the US Indian consultancies got busted for this.
There is a good case for vetted legal immigration (there is need and they fill that unmet need), no question; however, that should not be at the expense of the local population, regardless of country. In other words, the locals should not suffer a depressed job market because of immigration. The whole reason for a state to exist is to first and foremost look after the wellbeing of its citizens that elect the bodies of government.