They come up with these rules on a Saturday morning. If you’re a visa holder outside the country and you don’t return to the US by Sunday, you’ll be asked to pay a $100k ransom to re-enter the country where your life and work and children are.
Amazing level of contempt for ordinary foreigners who came into the country legally.
The inhumanity aside, the economy-related quotes from Lutnick and Trump are typically laughable. It’s hard to believe these guys are in charge:
“[Lutnick] added that the revised program would filter out the ‘bottom quartile’ while generating more than $100 billion for the US Treasury. Trump further said that the revenue would be used to reduce national debt and lower taxes.”
The US has a multi-trillion-dollar deficit. Even if they could somehow get a million H1B holders paying this huge sum, the income wouldn’t reduce the national debt because you’re still running a big deficit. It would just slightly slow the current growth of the deficit.
mrlonglong•7m ago
Trump and his pals forget that US kids aren't interested in STEM these days. Who's got to spend billions training and educating them?
Thank goodness I'm no longer a H1B holder, having returned home after the Clinton days.
pavlov•1h ago
Amazing level of contempt for ordinary foreigners who came into the country legally.
The inhumanity aside, the economy-related quotes from Lutnick and Trump are typically laughable. It’s hard to believe these guys are in charge:
“[Lutnick] added that the revised program would filter out the ‘bottom quartile’ while generating more than $100 billion for the US Treasury. Trump further said that the revenue would be used to reduce national debt and lower taxes.”
The US has a multi-trillion-dollar deficit. Even if they could somehow get a million H1B holders paying this huge sum, the income wouldn’t reduce the national debt because you’re still running a big deficit. It would just slightly slow the current growth of the deficit.