Rose Marcario, CEO of Patagonia, is
donating her companRose Marcario, CEO of Patagonia, is
donating her company's $10 million tax break circa President Trump's tax cuts
to climate change organizations. Can you imagine if other CEOs had the courage
to do this?
y's $10 million tax break circa President Trump's tax cuts
to climate change organizations. Can you imagine if other CEOs had the courage
to do this?
“Based on last year’s irresponsible tax
cut, Patagonia will owe less in taxes this year—$10 million less, in fact,” CEO
Rose Marcario writes. “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.”
She referred to the government’s own
newly released report on climate change, which warns that unless
significant changes are made, we could be facing catastrophic and irreversible
changes to our planet by 2050.
I don't know about you but I have kids
who will have kids and they will all be here in 2050. The planet my generation
and those before are giving them will be nothing like it was before and
not much like it is today.
“Far too many have suffered the
consequences of global warming in recent months, and the political response has
so far been woefully inadequate—and the denial is just evil,” she wrote in a
letter explaining the reasons for her decision.
The future of our country depends upon
the bravery of all of us - and thank you to Alexandra Ocasio-Cortez for The
Green New Deal. Although it has been attacked what she did took guts and I
commend her for it.
I've said it before and I'll say it
again. The tax cuts put more money in the richest people's and company's
pockets. But you cannot buy your way off a rapidly dying planet people. I'm
getting off my soapbox now.
“Based on last year’s irresponsible tax
cut, Patagonia will owe less in taxes this year—$10 million less, in fact,” CEO
Rose Marcario writes. “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.”
She referred to the government’s own
newly released report on climate change, which warns that unless
significant changes are made, we could be facing catastrophic and irreversible
changes to our planet by 2050.
I don't know about you but I have kids
who will have kids and they will all be here in 2050. The planet my generation
and those before are giving them will be nothing like it was before and
not much like it is today.
“Far too many have suffered the
consequences of global warming in recent months, and the political response has
so far been woefully inadequate—and the denial is just evil,” she wrote in a
letter explaining the reasons for her decision.
The future of our country depends upon
the bravery of all of us - and thank you to Alexandra Ocasio-Cortez for The
Green New Deal. Although it has been attacked what she did took guts and I
commend her for it.
I've said it before and I'll say it
again. The tax cuts put more money in the richest people's and company's
pockets. But you cannot buy your way off a rapidly dying planet people. I'm
getting off my soapbox now.
