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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsMultimillion-Dollar Company Trolls Trump By Donating Its $10M Tax Cut To Fight Climate Change
Posted on Wed, Nov 28th, 2018 by Sean Colarossi
Multimillion-Dollar Company Trolls Trump By Donating Its $10M Tax Cut To Fight Climate Change
While many businesses have invested their Trump-GOP tax giveaway in stock buybacks or CEO pay raises, one multimillion-dollar company is using its tax windfall to troll the president and protect the planet.
Outdoor retailer Patagonia called Donald Trumps corporate tax cut irresponsible and pledged to donate its $10 million handout to fight climate change because 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, the company said. In spite of this, the Trump administration initiated a corporate tax cut, threatening these services at the expense of our planet.
Part of Patagonias statement:
Our home planet is facing its greatest crisis because of human-caused climate disruption. All the extra heat weve trapped in the earths atmosphere is not only melting the poles and raising sea levels, its intensifying drought and accelerating the extinction of species. The most recent Climate Assessment report puts it in stark terms: the U.S. economy could lose hundreds of billions of dollars, and the climate crisis is already affecting all of us. Mega-fires. Toxic algae blooms. Deadly heat waves and deadly hurricanes. Far too many have suffered the consequences of global warming in recent months, and the political response has so far been woefully inadequateand the denial is just evil.
We have always paid our fair share of federal and state taxes. Being a responsible company means paying your taxes in proportion to your success and supporting your state and federal governments, which in turn contribute to the health and well-being of civil society. Taxes fund our important public services, our first responders and our democratic institutions. Taxes protect the most vulnerable in our society, our public lands and other life-giving resources. In spite of this, the Trump administration initiated a corporate tax cut, threatening these services at the expense of our planet.
We have always paid our fair share of federal and state taxes. Being a responsible company means paying your taxes in proportion to your success and supporting your state and federal governments, which in turn contribute to the health and well-being of civil society. Taxes fund our important public services, our first responders and our democratic institutions. Taxes protect the most vulnerable in our society, our public lands and other life-giving resources. In spite of this, the Trump administration initiated a corporate tax cut, threatening these services at the expense of our planet.
more...
https://www.politicususa.com/2018/11/28/company-trolls-trump-climate-change.html
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Multimillion-Dollar Company Trolls Trump By Donating Its $10M Tax Cut To Fight Climate Change (Original Post)
babylonsister
Nov 2018
OP
Jeffersons Ghost
(15,235 posts)1. K&R
Tiggeroshii
(11,088 posts)2. Not trolling. Pragmatically utilizing bad policy to save the
🌎
thbobby
(1,474 posts)3. K&R
Pepsidog
(6,254 posts)4. Looks like I'll be buying their products for Xmas.
MFGsunny
(2,356 posts)5. K & R
Apollyonus
(812 posts)6. Nice
We need more corporations like this
iluvtennis
(19,846 posts)7. Perfect.