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Bernie Sanders says Elon Musk is wrong about H-1B visas: 'Low-wage indentured servants'
(www.businessinsider.com)
this post was submitted on 03 Jan 2025
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If the price for people coming on H1B visas is not hiring or eliminating a domestic job which commands a higher salary then we have a problem. As far as I'm aware H1B typically make less than domestic. It could be 7 figures and it's still a problem because domestic might be 8 figures. The problem is that workers generate this value and a significant chunk goes towards the top when H1B gets less than domestic. In fact this effect is more significant in higher paying jobs than lower. It should cost the same or more than domestic to hire H1B and an H1B employee should be able to have the same worker rights as domestic. Then H1B doesn't drive domestic salaries and hiring down.
There should be a 50k tax per H1-B worker. That would cut out the bullshit ensure that only workers who actually have needed skills are hired, rather than using foreign labor to lower American wages. I'm pretty sure that companies would suddenly "realize" they don't really need very many foreign workers.
And if companies are found to abuse the system by putting shame job openings, (which they constantly do) they should pay a penalty and be banned from using the H1-B system.
I'm not arguing against the claim that H1B holders take jobs that Americans might have otherwise had. I have moral objections to it, but it isn't objectively false the way that Bernie's claim is.