Employers have said these workers are critical and they can’t find any workers already in America to do these roles.
FAANG are by far the largest users of H1-B. They also have billions of dollars and access to excellent lawyers. They can pay up for this; an excellent employee is certainly worth more than $100k per year to them. Think of this more as a tax levied on some of America’s wealthiest businesses.
The data is publicly available. Microsoft is the largest US employer of H1-B with about 5,000 H1-B workers. So we’re only talking about $500m. They could probably find that stashed in the basement of one of their offices.
FAANG are by far the largest users of H1-B. They also have billions of dollars and access to excellent lawyers. They can pay up for this; an excellent employee is certainly worth more than $100k per year to them. Think of this more as a tax levied on some of America’s wealthiest businesses.