President Trump Shouldn't Impose a $100,000 Fee On H-1B Visas

President Trump is imposing a $100,000 fee to obtain an H‑1B visa, the primary visa for skilled foreign workers. To be clear, this $100,000 fee is in addition to the salary, lawyer fees, and other costs of hiring an H‑1B worker. This fee would effectively end the H‑1B visa category by making it prohibitive for most businesses to hire H‑1B workers. This would force leading technology companies out of the United States, reduce demand for US workers, reduce innovation, have severe second-order economic effects, and lower the supply of goods and services in everything from IT and education to manufacturing and medicine. Read Full Article »