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Patagonia is taking money the company saved from the 2017 federal tax cuts and putting it toward another cause: the planet’s well-being.
In a 360-word statement published to LinkedIn on Wednesday, CEO Rose Marcario announced that Patagonia will be donating its $10 million tax cut to “groups committed to protecting air, land and water and finding solutions to the climate crisis.”
“Based on last year’s irresponsible tax cut, Patagonia will owe less in taxes this year—$10 million less, in fact,” wrote Marcario.
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