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.” …
Patagonia calls Trump tax cut ‘irresponsible,’ says it will donate $10M corporate tax cut to environmental groups
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related – Patagonia closing stores nationwide on Election Day
One Reply to “Patagonia donates Trump tax cut to ENVIRONMENTAL groups”
Yes!!! Very great news! I love when businesses are doing great stuff!