Economic contribution to USA by H1B

[socrates]

lets say around 580k H1B holders currently in USA

lets assume an average H1B  holder annual salary is 120k -150k per annum (average taken across USA), with that all 580k H1B holders contribution towards economy per year as below  in approximate numbers

- Income tax on base rate 22% - 24%, they contribute around $85 billion per year

- social security, approximately $20 billion per year 

- medicare, approximately $5 billion per year

- consumer spending, in this section i would go bit liberal after seeing desis spending, lets say $100 billion per year or may be more 

- spending on USCIS fees, though its not every year expense so lets say around $500 million (just a random number)

- in addition property taxes, sales tax, road tolls, hospital bills, insurance, tuition fees, utilities ..etc also they are contributing around approximately $10 billion per year

- i am not talking about 401k yet

H1B are the cash cows, literally they are cows who just keep mum and do work without much attitude or noise.  After contributing this much to economy still they dont have equal rights as GC or citizen in job, and boss abuse their situation. After all they pay everything promptly still they are second class people without much rights than a citizen who bankrupts and doesn’t pay taxes.

so the question is US is ready to kill this cash cows or golden goose. USA has history of treating the slaves as property, so would they destroy their property? would they take a sudden shift in their economy or massiv 401k withdrawals..etc

 

[Sucker]

Asal question neeku Yevaru chepparu neeku h1b ni kill chesthunnaru ani inthaki ?? 

[socrates]

1 minute ago, Sucker said:

Asal question neeku Yevaru chepparu neeku h1b ni kill chesthunnaru ani inthaki ?? 

you are underestimating the trump inner circle 

[enigmatic]

8 minutes ago, socrates said:

lets assume an average H1B  holder annual salary is 120k -150k per annum (average taken across USA), with that all 580k H1B holders contribution towards economy per year as below  in approximate numbers

 

the other side of the argument would be these are jobs that can be done by us citizens without any need for h1b

[Sucker]

16 minutes ago, socrates said:

you are underestimating the trump inner circle 

Observe one thing. Real dump like himself and Miller didn't talk about it means more H1B coming. Non worries. Musk bought the Prez. He is the real president all dump cam do counting about new states 

[socrates]

2 minutes ago, enigmatic said:

the other side of the argument would be these are jobs that can be done by us citizens without any need for h1b

already they have that reservation no? buy american and hire american by law?

by the rule H1b is speciality occupation, so most h1bs are going through interviews same as americans and getting placement by showing the experience in the field 

USA is capitalistic country, INDIA or other countries allows US products and companies as a fair business chance (sometimes at the cost of local company losses eg: flipkart vs amazon ) so USA should allow foreign work force show their free market spirit

[Jaggadonga]

1 hour ago, socrates said:

lets say around 580k H1B holders currently in USA

lets assume an average H1B  holder annual salary is 120k -150k per annum (average taken across USA), with that all 580k H1B holders contribution towards economy per year as below  in approximate numbers

- Income tax on base rate 22% - 24%, they contribute around $85 billion per year

- social security, approximately $20 billion per year 

- medicare, approximately $5 billion per year

- consumer spending, in this section i would go bit liberal after seeing desis spending, lets say $100 billion per year or may be more 

- spending on USCIS fees, though its not every year expense so lets say around $500 million (just a random number)

- in addition property taxes, sales tax, road tolls, hospital bills, insurance, tuition fees, utilities ..etc also they are contributing around approximately $10 billion per year

- i am not talking about 401k yet

H1B are the cash cows, literally they are cows who just keep mum and do work without much attitude or noise.  After contributing this much to economy still they dont have equal rights as GC or citizen in job, and boss abuse their situation. After all they pay everything promptly still they are second class people without much rights than a citizen who bankrupts and doesn’t pay taxes.

so the question is US is ready to kill this cash cows or golden goose. USA has history of treating the slaves as property, so would they destroy their property? would they take a sudden shift in their economy or massiv 401k withdrawals..etc

 

Rules strict chesi influx of h1bs taggina, at the end already GC or citizen vunna uncles and aunties will do 5 jobs each. Tellollu 10% kuda cheyaru in IT as they don't want to take that stress

[enigmatic]

1 hour ago, socrates said:

USA is capitalistic country, INDIA or other countries allows US products and companies as a fair business chance (sometimes at the cost of local company losses eg: flipkart vs amazon ) so USA should allow foreign work force show their free market spirit

usa business chesinanta matrana andarini allow cheyyali ani ledu kada. amazon valla india lo jobs , investment vastondi anochhu.  india has  strict rules for immigration.

https://www.mha.gov.in/sites/default/files/work_visa_faq.pdf

 

[jpismahatma]

1 hour ago, socrates said:

already they have that reservation no? buy american and hire american by law?

by the rule H1b is speciality occupation, so most h1bs are going through interviews same as americans and getting placement by showing the experience in the field 

USA is capitalistic country, INDIA or other countries allows US products and companies as a fair business chance (sometimes at the cost of local company losses eg: flipkart vs amazon ) so USA should allow foreign work force show their free market spirit

I support h1b that doesn’t mean they are saints. Witches are bitches 

[socrates]

3 minutes ago, enigmatic said:

usa business chesinanta matrana andarini allow cheyyali ani ledu kada. amazon valla india lo jobs , investment vastondi anochhu.  india has  strict rules for immigration.

https://www.mha.gov.in/sites/default/files/work_visa_faq.pdf

 

countries like USA, UK …etc rubbed  the globalization on world, so globalization means not only sales, jobs too either its H1b or outsourcing 

india killed its own manufacturing sector entered into service sector is part of the globalization otherwise for huge Indian population & huge indian  market TATA would have been biggest vehicle manufacturer than ford or gmc, Jio or sun network would have been biggest streaming platform than Netflix, Indian farming situation would have been better without Monsanto. Amazon investments or provided opportunities are just a drop in ocean compared to the market they captured and they dented the desi companies such as flipkart.

just a simple question if facebook, whatsapp and instagram is capturing the whole indian market, media, politics ..then few indian employees doing jobs in meta headquarters is a big problem?

yes india has strict rules because its a hugely populated developing country, india cant share jobs but it can give a big consumer base.

 

foreigners ki job ichhi foreign products konukko valante india adukku tinali

[fasak_vachadu]

2 hours ago, socrates said:

lets say around 580k H1B holders currently in USA

lets assume an average H1B  holder annual salary is 120k -150k per annum (average taken across USA), with that all 580k H1B holders contribution towards economy per year as below  in approximate numbers

- Income tax on base rate 22% - 24%, they contribute around $85 billion per year

- social security, approximately $20 billion per year 

- medicare, approximately $5 billion per year

- consumer spending, in this section i would go bit liberal after seeing desis spending, lets say $100 billion per year or may be more 

- spending on USCIS fees, though its not every year expense so lets say around $500 million (just a random number)

- in addition property taxes, sales tax, road tolls, hospital bills, insurance, tuition fees, utilities ..etc also they are contributing around approximately $10 billion per year

- i am not talking about 401k yet

H1B are the cash cows, literally they are cows who just keep mum and do work without much attitude or noise.  After contributing this much to economy still they dont have equal rights as GC or citizen in job, and boss abuse their situation. After all they pay everything promptly still they are second class people without much rights than a citizen who bankrupts and doesn’t pay taxes.

so the question is US is ready to kill this cash cows or golden goose. USA has history of treating the slaves as property, so would they destroy their property? would they take a sudden shift in their economy or massiv 401k withdrawals..etc

 

US citizens and GC holders also paying same tax amount kada why h1 more ? 

[pakeer_saab]

2 hours ago, Sucker said:

Asal question neeku Yevaru chepparu neeku h1b ni kill chesthunnaru ani inthaki ?? 

are you not following twitter

there is a massive anti- h1b wave never seen in the last 20 yrs

[pakeer_saab]

22 minutes ago, socrates said:

countries like USA, UK …etc rubbed  the globalization on world, so globalization means not only sales, jobs too either its H1b or outsourcing 

india killed its own manufacturing sector entered into service sector is part of the globalization otherwise for huge Indian population & huge indian  market TATA would have been biggest vehicle manufacturer than ford or gmc, Jio or sun network would have been biggest streaming platform than Netflix, Indian farming situation would have been better without Monsanto. Amazon investments or provided opportunities are just a drop in ocean compared to the market they captured and they dented the desi companies such as flipkart.

just a simple question if facebook, whatsapp and instagram is capturing the whole indian market, media, politics ..then few indian employees doing jobs in meta headquarters is a big problem?

yes india has strict rules because its a hugely populated developing country, india cant share jobs but it can give a big consumer base.

 

foreigners ki job ichhi foreign products konukko valante india adukku tinali

things are not that easy in West bro, see what is happening to Adani who tried to enter US markets

 

he has to drop his plans and return the 500 million loan he got from US

[CanadianMalodu]

2 hours ago, socrates said:

lets say around 580k H1B holders currently in USA

lets assume an average H1B  holder annual salary is 120k -150k per annum (average taken across USA), with that all 580k H1B holders contribution towards economy per year as below  in approximate numbers

- Income tax on base rate 22% - 24%, they contribute around $85 billion per year

- social security, approximately $20 billion per year 

- medicare, approximately $5 billion per year

- consumer spending, in this section i would go bit liberal after seeing desis spending, lets say $100 billion per year or may be more 

- spending on USCIS fees, though its not every year expense so lets say around $500 million (just a random number)

- in addition property taxes, sales tax, road tolls, hospital bills, insurance, tuition fees, utilities ..etc also they are contributing around approximately $10 billion per year

- i am not talking about 401k yet

H1B are the cash cows, literally they are cows who just keep mum and do work without much attitude or noise.  After contributing this much to economy still they dont have equal rights as GC or citizen in job, and boss abuse their situation. After all they pay everything promptly still they are second class people without much rights than a citizen who bankrupts and doesn’t pay taxes.

so the question is US is ready to kill this cash cows or golden goose. USA has history of treating the slaves as property, so would they destroy their property? would they take a sudden shift in their economy or massiv 401k withdrawals..etc

 

Nah, Inherently false premise.  H1B in its inception was a supposed to be stop gap measure. Constant zionist lobbying has only pushed it to be an alternate source of cheap labour in the tech scene. 

In 1990 the prevailing wage required was $60,000. If you adjust it for inflation after 34 years even with 3% it's over $150k. What % of H1B makes that much ? Nothing beyond 20-30%. I assume it or be even lower. Rest not much. This is equivalent to being paid 25,ooo per month in 1990s in Hyderbad vs paying 50,000 per month in today and calling it highly skilled. What happening is direct replacement of White American middle class tech workers by cheap foreign sourced labour. The lottery system is also just taking away chances from legit candidates. 

Cheap labour to a corp is what Cocaine is to a  drug addict.  

A wage revision on inflation adjustment basis and removal of lottery and highest salaries receiving H1B first will remove the incentive to hire cheaper labour. 

H1Bs can still be done away with provided the American workforce is prioritized. But the ESG scores are pushing companies to adopt "Reservation" aka "quota " in the name of "diversity" hiring. Also, without H1Bs, US corps bottom line gets hit a bit which eats away into both of C suite management perks and investors profits but the $$ still stay in the USA. 

US fed is self sustaining machine. They can print dollars at will and can enforce other nations into subservience.  H1Bs don't and can't cause crash. They were never in such a position to begin with. This is similar to how some Andhrites said Hyderbad will get smashed if Andhrites  move away. Want happened ? More Andhrites moved to Hyderbad. Hyderbad boomed.

 

 

 

[fasak_vachadu]

22 minutes ago, pakeer_saab said:

are you not following twitter

there is a massive anti- h1b wave never seen in the last 20 yrs

Pothe ponu anna h1 cancel cheyali aha outsourcing kuda speyandi 

x lo kottukunte emi ayithadi law and congress lo pass avali