Sorry, but the law already has a “prevailing wage” requirement, but its a joke... I can hire an H1B legally for easily 40% less than I can an American, or even more in high dollar markets, and still remain in the letter of the law... Top it off that once I “sponsor” that person he’s a virtual slave to me and virtually can go nowhere else.
The H1B is a scam, the only solution to it is to abolish it.
What keeps these folks from going indy? I currently work in an office with a lot of H1B contractors from India, and more than once we have seen them depart for a different contract house.