Such employer paid taxes have risen substantially over the decades so the actual wage share of GDP is rather lower than they are making out.
FORBES: Trades Union Congress Misleads With Statistics On Wages
Currently, an employer must pay H-1B visa holders the higher of the prevailing or actual wage paid to similarly employed U.S. workers in the same area.
Check the prevailing wage, as determined by the U.S. Department of Labor (USDOL), for the position and the location of employment and be ready to pay that wage or the actual wage, if higher.
FORBES: Immigration On A Very Fast Track: The Race For H-1B Visas
The prevailing wage is not the actual average wage for a given area but a calculation made by the Department of Labor.
According to Economico, the actual plan stipulates wage and pension freezes for public sector employees through 2013 with a reduction in the civil servant headcount of 1% in 2012.
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The actual figures for minimum wage earners (for 2010) are here.
FORBES: Greg Mankiw's Excellent Question: Why a $9 Minimum Wage? Why Not $90? Or 90 cents?
The U.S. employer must pay the H-1B worker the greater of the actual compensation paid other employees in the same job or the prevailing wage for that occupation.
FORBES: Drive Business Back To The U.S., Reform H-1B Visa Laws
The bottom line here is that our standard of living is sinking like a stone and the income gap from top to bottom is at a all time high and the percentage of rate vs. actual dollars in revenues paid is far in favor of the higher income brackets than the average wage earner.
FORBES: Top Reagan Advisor Calls Out The GOP For Lying About Taxes
Then the criminal makes up wage and withholding information, files a tax return electronically (avoiding the need for an actual W-2 form), claims a few deductions and tax credits to produce a larger refund, and waits a couple of weeks for the refund.
FORBES: Billions in Tax Refund Fraud--and How to Stop Most of it
Since almost all lesser-skilled workers entering the workforce in any given year are paid wages lower than the average, the measured statistic, "average hourly wage, " remained stagnant over the years even while the real wages of actual flesh-and-blood workers employed in any given year rose over time as they gained more experience and skills.
WSJ: Donald Boudreaux and Mark Perry: The Myth of a Stagnant Middle Class
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