The studies have also found that the big tax breaks corporations were given did not go into employee's paychecks with a raise in wages, but were used to buy-back corporate stocks.
Equity buybacks are highly accretive for retail investors resulting in both a gain in share price and a concomitant hike in dividend payments as total share float decreases.
You're not terribly well educated economically are you?
Oh and as to wage hikes?
https://www.cnbc.com/2019/05/15/bank-of-america-employees-get-first-pay-bump-on-road-to-20-an-hour-minimum-wage.html
https://finance.yahoo.com/news/walmarts-hourly-wages-for-employees-will-go-beyond-15-probably-over-time-ceo-doug-mc-millon-160008612.html
.https://www.cnbc.com/2019/05/24/glassdoor-10-companies-that-have-committed-to-raising-minimum-wage.html
Target
Minimum wage details: In June, Target plans to increase its minimum wage from $12 an hour to $13 an hour, with the goal of hitting $15 an hour by the end of 2020.
JP Morgan Chase
Minimum wage details: JP Morgan Chase pays a minimum wage salary of $15 per hour, or $16.50 per hour for employees in Chicago, Detroit and Wilmington, DE. Employees in high cost areas like New York City and San Francisco earn $18 an hour.
Huntington National Bank
Minimum wage details: According to Glassdoor, Huntington National Bank has raised its minimum wage to $16 an hour, and made improvements to its healthcare and family leave plan.
Facebook
Minimum wage details: After examining the cost of living in certain areas, Facebook announced in May that it will raise its minimum wage for contractors from $15 an hour to $20 an hour in high-cost areas like San Francisco, New York City and Washington, D.C. Employees in Seattle received a raise to $18 an hour.
Wells Fargo
Minimum wage details: Wells Fargo raised its minimum wage to $15 an hour, which according to Glassdoor, is a 32% base pay increase since 2013.
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