...but hey, do what you want...you will anyway.Outdoor retailer Patagonia announced Wednesday that it plans to donate the $10 million it is saving from President Trump’s corporate tax cuts this year to environmental groups.
“Based on last year’s irresponsible tax cut, Patagonia will owe less in taxes this year — $10 million less, in fact,” CEO Rose Marcario wrote in a LinkedIn post Wednesday afternoon. “Instead of putting the money back into our business, we’re responding by putting $10 million back into the planet. Our home planet needs it more than we do.”
"Taxes protect the most vulnerable in our society, our public lands and other life-giving resources,” she continued. "In spite of this, the Trump administration initiated a corporate tax cut, threatening these services at the expense of our planet.”
Marcario added that the donation will be made on top of the company’s ongoing “1% for the Planet” campaign, which gives 1 percent of the company’s sales to the environment's preservation and restoration.
“It will go a long way toward funding grassroots groups; including those dedicated to regenerative organic agriculture, which may be our greatest hope for reversing the damage done to our overheated planet,” she said.
The Hill
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