This won't work. H1B aren't only for software developers, but for different kinds of specialists. For example, doctors, who are having residency in US often use this visa. However, resident's salary is smaller than software developer's.
Indian doctors use J1 visas to come to the US, not H1B. H1B's are given chiefly Indian tech consultancy firms. The only other country that gets a decent number of H1B is China.
I have the same idea. And I am looking for more arguments against the salary-bidding-visa scheme.
