patrick.net

By my math that works out (assuming all 3000 are actually at minimum wage, which they aren't by a long shot) AT MOST 30 million a year or 15% of the 200 million plus bancorp is getting from the tax cut. .

Before you get your dick all hard and your voice hoarse from cheering trump over what is so far a pretty token gesture let's see what percentage of companies actually do what. So far the count is 2 (bancorp and wells fargo, banks are not major employers of minimum wage workers so 15 an hour minimum is not much of a giveback for banks) giving some part of the tax cut windfall to employees wages and several hundred that have announced major stock buybacks Like Boeing 18 billion, Home depot 15 billion, pfiezer 10 billion, oracle 12 billion, etc., etc. etc.. Executive compensation hasn't been announced yet and neither has dividends.