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Economic contribution to USA by H1B


socrates

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30 minutes ago, pakeer_saab said:

are you not following twitter

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

Anna Prez Musk in charge akkada. What are tou talking ardham aithundha ?? 

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30 minutes ago, pakeer_saab said:

are you not following twitter

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

Ee buss lanni 21st tarvatha policy shape aithe chusdam....at the end of the day, corporate lobby works <.>

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7 minutes ago, fasak_vachadu said:

Pothe ponu anna h1 cancel cheyali aha outsourcing kuda speyandi 

x lo kottukunte emi ayithadi law and congress lo pass avali 

Pass cheyyakunte Musk anna bedhiristhadu 

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Naku telisi

H1b kanna..ee mottam discussion akhariki H4 EAD peekeyyadaniki veltundi

and probably OPT meedaku.. OPT fake arachakalu vinte ila kuda chestaara anipistondi last 2 yrs nunchi

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2 hours ago, pichhipullayya said:

Naku telisi

H1b kanna..ee mottam discussion akhariki H4 EAD peekeyyadaniki veltundi

and probably OPT meedaku.. OPT fake arachakalu vinte ila kuda chestaara anipistondi last 2 yrs nunchi

one thing for sure, now this discussion is leading to racial hate and may be some violence in future 

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2 hours ago, pichhipullayya said:

Naku telisi

H1b kanna..ee mottam discussion akhariki H4 EAD peekeyyadaniki veltundi

and probably OPT meedaku.. OPT fake arachakalu vinte ila kuda chestaara anipistondi last 2 yrs nunchi

Post some here , for broader people to know.

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On 12/26/2024 at 8:43 PM, 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

 

should we add yearly VISA maintenance fee to this?

 

how unfair 

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Yes @socrates, without H1B, US can not sustain and survive. Actually H1B had  created all the wealth and innovations without which there are no US corporations.

Indians are doing a great favor to USA by giving a chance to be employed. The salaries  that H1B gets paid is also coming from India to help the poor Americans.

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