Trump to impose $100k fee for H-1B worker visas, White House says

I think there’s plenty of interesting debates to be had about immigration policy and its effects on the labor market, but one thing worth noting here is that the primary problem that damn near every other country on earth has isn’t immigration, it’s brain drain.

A core strategic strength of the US over the last century has been that everyone with any talent wants to come here to work, and by and large we’ve let them do so. You can argue how well that’s worked out for us - having worked with a great many extremely talented H1bs in an industry largely built by immigrants, I’d consider it pretty positive - but it damn sure hasn’t worked out well for the countries those talented folks came from.

The top end of H1B has been great for America. In the last few decades, there has been growth of abuse of the program to get mid level talent at below market rates which really hurts the middle class in America. People need to understand that most reformists don't want to get rid of the truly exceptional immigration to the US. We need to limit the volume, especially the immigrants that are directly competing with a hollowed out middle class in the US. Let me know if you want further reading on this topic.

How valid is this premise in an increasingly global world?

Most of the companies that are paying salaries could (and already do!) have offices in other jurisdictions where they could hire the same talent.

Better to bring this talent onshore, where the wages are taxed, than force these companies to hire from satellite offices?

It doesn't make much financial sense for companies to stop sourcing talent globally just because they can't be brought onshore, especially given enough time.

Purely anecdotal, but for me personally this wouldn't change who or how I hire, just the location.