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36
posted 1 month ago by ScallionPancake on scored.co (+0 / -0 / +36Score on mirror )
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Vlad_The_Impaler on scored.co
1 month ago 4 points (+0 / -0 / +4Score on mirror ) 1 child
>In 2024, the U.S. government approved about 400,000 H-1B applications, including renewals, according to Pew Research Center.

>India remains the top country of origin for H-1B holders, followed by China. Tech giants like Amazon consistently rank among the leading employers, and metro areas like New York receive the highest number of approvals.

>Billionaire Elon Musk, himself a former H-1B holder and now an employer of many visa workers, has defended the program as essential for U.S. competitiveness. Trump has expressed support for H-1Bs in practice, noting that he has “many H-1B visas on [his] properties.” https://www.jeelani-law.com/h-1b-visas-under-trumps-proposed-changes/

Trump has indians working in his own shitty hotels. LOL

The H-1b fees are considered business expenses for the employer. Large corporations can just write off the expense to reduce taxes.
ScallionPancake on scored.co
1 month ago 1 point (+0 / -0 / +1Score on mirror ) 2 children
> The H-1b fees are considered business expenses for the employer. Large corporations can just write off the expense to reduce taxes.

Normally I'd shit on someone for not knowing anything about business and taxes, but since I like you I won't...

A salary paid to an American employee is also a business expense, anything you have to spend to be in business is a business expense.

Paying $100k a year fee to keep a jeet vs paying $100k for an American's salary is exactly the same thing as far as business expenses and taxes are concerned.

PurestEvil on scored.co
1 month ago 1 point (+0 / -0 / +1Score on mirror ) 1 child
If I understand correctly, it's 100k extra they have to pay to the government, meaning their wage + that.

Which only makes sense if it's per person/jeet.
ScallionPancake on scored.co
1 month ago 1 point (+0 / -0 / +1Score on mirror )
Yeah, they just raised their original fee of 1000 to be 100,000. And that original fee was per head.
Vlad_The_Impaler on scored.co
1 month ago 0 points (+0 / -0 )
Yeah i deserve to catch some shit for that because i knew i was "spinning" that a bit too much. It was in the article which is where i got the bad idea from.

Every expense to a business is deductible to taxes because it decreases their bottom line. Since that's a given, i shouldn't spin it as a positive for the companies.
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