Competition is generally regarded as a good thing. When these people stay in the USA, they generally depress wages and send all the money they earn back to their home countries anyway, which does the rest of the US economy no good at all. Really I'm not sure we should even have any sort of H1-B program at all.
When you don't insource the jobs, you outsource them. If you don't import the workers, the jobs will be sent out. Then the other workers will stay away, not paying US taxes, and keeping the "intelligence" they gain for themselves, to eventually overtake the US. If the work is going to Bob in Elbonia, it's better to import Bob for the job, than export the job to Elbonia and have Bob do it there.
I like it. We should tax all corporations which derive at least 60% of their revenue from the US for 100% of their revenue with no deduction for any tax paid elsewhere. And the company share of payroll taxes/unemployment etc should be due even on their foreign workers so if they keep outsourcing they'll eventually fund indefinite unemployment letting us not have to work at all.
Maybe not that result but that result is unlikely to happen, offshoring wouldn't be very cost effective under this scheme and neither would most of the international tax dodges being used by companies who are actually deriving most of their revenue in the US without paying the taxes in the US.
You had mail, but the super-user read it, and deleted it!
I don't see the problem. (Score:5, Interesting)
Re: (Score:0, Flamebait)
If the work is going to Bob in Elbonia, it's better to import Bob for the job, than export the job to Elbonia and have Bob do it there.
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Next up, a tax on offshoring.
Re:I don't see the problem. (Score:2)
Re: I don't see the problem. (Score:2)
Re: (Score:2)