at 100K per h1B, still a good deal for most no?

That bill appears strictly performative, especially when the Democrats can and have shut down the House by merely demanding a vote on attaching Epstein riders to bills.

If there were to be a bill that successfully implemented a 25% tax on offshoring for US companies, US investors would rapidly improve their ability and inclination to invest in other places. Nobody's going to increase or decrease offshoring as a result; the non-executive jobs that are in the US without a legal (e.g., security clearance) requirement are those that the CFO and board are already satisfied have substantial -EV if they were to be performed from a low-wage country instead.

Contrary to the article, Indians don't have a binary choice between working in the US and India; if the former no longer provides the ability to have higher QOL and savings on a tech salary, the people who used to get an H-1B will go to Canada, Europe, and Australia instead.