Articles Posted in Trump and whistleblowers

Visa-changes-300x200More than 70,000 H-1B visas holders could be in for a shock over the coming months. The Trump administration is working to end an Obama-era provision that had a significant impact on highly skilled Indian workers.

The Change

Under the current rule, an H-4 is issued to the spouse of H-1B visa holders. A large amount of H-1B visa holders are Indian workers and had to obtain work permits under a special order issued by the previous administration. New proposed changes will mean these dependents of H-1B visa holders might not be allowed to work in the US. The current administration wants to end the work permits given to spouses of H-1B visa holders.

According to statements from Presidential hopeful Donald Trump, he will not make cuts to Medicare, Medicaid or Social Security. Spending on those three programs (nearly $1.9 trillion in the past year) accounts for more than half of all government spending ($3.7 trillion) and is a big driver of growth in the long-term debt

While Medicare and Medicaid are far bigger drivers than Social Security, that program is nevertheless facing a potential cut in benefits of 21% by 2034 if no reforms – either tax increases or benefit changes – are made.

The Trump tax plan includes deep tax cuts for individuals and businesses alike. And, he said, “all of this does not add to our debt or our deficit.” He outlining the tax plan on the campaign website says the “tax cuts are fully paid for” by reducing or eliminating some individual and corporate tax preferences, and by repatriating corporate cash held overseas.