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Or we could have a functioning smart government who lets say, Nvidia or Apple hire more folks and Infosys less instead of having a lottery? Folks on H1B pay federal income taxes

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There was a proposal for an auction. Highest prices get the visas.

That would just make the top companies get all the talent and new players and startups to stop hiring internationally.

If you have an auction or allocate the immigration quota based on highest immigrant worker compensation the quota will be filled by those most in demand being hired by those with the most urgent need for them.

That top companies can offer the highest wages and attract the best talent is desirable -- think how things would be if the opposite was true.

Not really true. Take someone like Meta, who might not have a problem to hire 1000 people this year paying them half a million each. They can just hire that and it wouldn't even make a dent on their balance sheet.

Compare that to a hundred startups wanting to hire 10 people each, who can't compete with Meta on the salary terms above.

I find it hard to argue that the first case above is the desirable outcome of the immigration policy.

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