This still seems like a waste of resources. If the H1Bs are willing to come over for $40k, why should a bidding war result in them being paid $100k? Have the c

This still seems like a waste of resources. If the H1Bs are willing to come over for $40k, why should a bidding war result in them being paid $100k? Have the companies bid on slots. That money is a tax that should be used to train US workers for that same job. Pay the H1B $40k, pay a tax of $60k, and in 4 years you have a newly minted US College graduate qualified to do that job, with no college debt, and they’ll be willing to take the job for $80k.