We Don’t Want Your High Tech Jobs!!!
1st March 2012
Why high tech jobs aren’t coming to a neighborhood near you.
Why wouldn’t he set up there? Hell, we could use 25+ high tech jobs paying 70k!
His response:
1. America doesn’t want him.
I asked him why? He said, he has a B1 Business Visa. He can’t stay more than 3 – 6 months at a time (length of stay decided by Border Protection at the airport on arrival). Investors wouldn’t invest in a company where the CEO isn’t sure if he can stay and for how long. I asked him to convert it to an H1B. He said he needs to have a running company to do that. Running with taxes filed for a few years before he can apply. I asked him to file for an EB5 Investor visa. $500k gets you a visa. He said no. It has to be $500k of YOUR OWN MONEY. Not Angel Investor cash. There is no visa type for a foreign job creator.2. Ease of doing business.
He says he can incorporate a Delaware company in 10 minutes online. But what’s the use of a company if he can’t open a bank account to collect investments. Tax IDs aren’t issued easily. He has no SSN.3. Our Corporate and Income taxes will kill his profits.
No argument there.4. By the end of the year he anticipates having 75+ employees. Health care costs (owing to Obamacare) would kill his profits.
Yet again, no argument there.
Note that all of these problems are caused by government. Your tax dollars at work. It’s as if Congress got up in the morning and thought ‘Now, what can we do today to make sure that Americans are unemployed in greater and greater numbers?’