Source: Fox News
Summary
Republican Rep. Glenn Grothman has introduced a bill to eliminate a tax loophole that favors hiring foreign workers over Americans. The Optional Practical Training (OPT) extension program exempts hundreds of thousands of foreign students and employers from paying Social Security and Medicare payroll taxes. Grothman’s bill would require employers to pay the same taxes for foreign OPT workers as they do for American workers. This move comes after a massive fraud scheme involving the program was uncovered, with over 10,000 foreign students connected to “suspect employers.”
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As expected, the matter has reached another stage.
Rep. Glenn Grothman introduces a bill to close a tax loophole favoring foreign workers. The bill aims to create a “level playing field” for American graduates. The congressman emphasizes that Americans should not be disadvantaged by a loophole that favors hiring foreign workers. The bill is a response to a massive fraud scheme involving the Optional Practical Training (OPT) extension program. The program has been criticized for creating a “significant financial incentive” for employers to hire foreign workers over Americans. The congressman’s move is seen as a attempt to “restore integrity” to the program.
Author: Evan Null
