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Discussion (24 Comments)Read Original on HackerNews
Or has the Trump Administration found a workaround for this?
Whatever tax and living + lifestyle expenses that USA economy was making from H1B's will be gone.
Good for the rest of the world.
For companies hiring H1Bs it's about being closer to clients and colleagues and just being managerially far easier than opening an offshore office, but the benefit isn't infinite and once companies have the chops for opening new offices they'll turn down the H1B hiring.
The issue for the US is that, are you're saying, "having faith in your own country" only works if you have the process for developing unnaturally skillfull talent, which is just not going to happen once the smart people stop moving to the US as countries have uniformly distributed talent potential.
Ohio senator introduces 25% tax on companies that outsource jobs overseas - https://news.ycombinator.com/item?id=45146528 - September 2025
Assume grift first when any American regulation is proposed.