3 ms·

> make those foreigners pay for our public services Do you realize that after a person gets H1B visa and start working they are still paying taxes. It is usual

> make those foreigners pay for our public services Do you realize that after a person gets H1B visa and start working they are still paying taxes. It is usually higher. My last experience was F1 visa and I was paying more taxes than my US colleagues earning same money. Also this suggestion wouls only benefit the big tech companies.

eru 2y ago
> Do you realize that after a person gets H1B visa and start working they are still paying taxes. It is usually higher. My last experience was F1 visa and I was paying more taxes than my US colleagues earning same money. I was talking about how to sell the visa auction to the voters. Yes, to bolster the argument further, you can mention that visa holders obviously also pay all the other regular taxes, too. Income taxes, sales taxes, etc. Despite a higher effective tax on those foreigners (normal taxation plus visa bidding), it's still a good deal for those that come: otherwise they wouldn't bid. > Also this suggestion would only benefit the big tech companies. No worries, banks and hedge funds and oil refineries and private hospitals etc can also bid a lot. Yes, the whole point is to hand the visas primarily to those people and industries that create a lot of economic value. The auction simultaneously makes participants reveal the economic value they expect the visa to confer and allows the fisc to efficiently tax that value for general revenue. Specifically, the auction removes any surplus from the middle man (see linked article), and puts it into government covers. You seem to think that this is a downside? (Just to be clear, I'm all for helping poor people. You can use some of the revenue raised from the auction and the extra income tax from getting highly paid migrants to finance any do-goodery the voters feel like.)

3 ms·

> make those foreigners pay for our public services Do you realize that after a person gets H1B visa and start working they are still paying taxes. It is usual

by elashri 2y ago

eru 2y ago
> Do you realize that after a person gets H1B visa and start working they are still paying taxes. It is usually higher. My last experience was F1 visa and I was paying more taxes than my US colleagues earning same money. I was talking about how to sell the visa auction to the voters. Yes, to bolster the argument further, you can mention that visa holders obviously also pay all the other regular taxes, too. Income taxes, sales taxes, etc. Despite a higher effective tax on those foreigners (normal taxation plus visa bidding), it's still a good deal for those that come: otherwise they wouldn't bid. > Also this suggestion would only benefit the big tech companies. No worries, banks and hedge funds and oil refineries and private hospitals etc can also bid a lot. Yes, the whole point is to hand the visas primarily to those people and industries that create a lot of economic value. The auction simultaneously makes participants reveal the economic value they expect the visa to confer and allows the fisc to efficiently tax that value for general revenue. Specifically, the auction removes any surplus from the middle man (see linked article), and puts it into government covers. You seem to think that this is a downside? (Just to be clear, I'm all for helping poor people. You can use some of the revenue raised from the auction and the extra income tax from getting highly paid migrants to finance any do-goodery the voters feel like.)