2 ms·
This can be solved so easily. What does countries do when they want to promote their product? They add tariffs to imports? Do the tariffs work? Totally differen
by kshacker 6y ago
This can be solved so easily. What does countries do when they want to promote their product? They add tariffs to imports? Do the tariffs work? Totally different question but it has a change at the margins.
So you want the best but not necessarily local? At the same time serving the needs of the locals? Introduce a tariff? Not the couple of thousand dollars worth of processing fee, but a 20% tax on the salary earned : every single dollar, salary, bonus, stock : everything. This gives you a free market. No one stops you from hiring an H1, but if gives local talent 20-25% leg up over an H1 talent. [ Numbers are of course negotiable but I do not see any number below 20-30% being effective. ]