Did you know that The Wall Street Journal reported earlier this year that, after sinking from 2007 to 2009, corporate profits had successfully caught up to their pre-recession peak by the beginning of 2010 – and that by the third quarter of 2011, total profits for U.S. corporations reached a new record high of $1.97 trillion.
For facts like the above and arguments for raising the minimum wage you should read: http://www.raisetheminimumwage.com/pages/corporate-profits.