"I've worked on H1-B politics for 30 years," Netflix co-founder says US' $100k H-1B tax is...

Netflix's Reed Hastings surprisingly backs Trump's $100,000 H-1B visa fee, a move that sharply contrasts with the widespread Silicon Valley opposition. Hastings believes the fee will reserve H-1B visas for high-value jobs, eliminating the need for a lottery. The White House clarified it's a one-time fee for new petitions, causing confusion and concern among tech companies, especially startups.

Netflix's Reed Hastings surprisingly backs Trump's $100,000 H-1B visa fee, a move that sharply contrasts with the widespread Silicon Valley opposition. Hastings believes the fee will reserve H-1B visas for high-value jobs, eliminating the need for a lottery. The White House clarified it's a one-time fee for new petitions, causing confusion and concern among tech companies, especially startups.