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