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- Apr 8, 2014
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Had Patagonia used the money to buy back stock or pay executive bonuses, I’d see the hypocrisy. What they did was call the tax breaks irresponsible and donated theirs to a cause they believe will benefit everyone.
I honestly have no issue with how they spend their $10 million 'windfall' -- but maybe they could have spent some money on their employees in the form of year-end bonuses, and only donated $7-8 million. It's not an all-or-nothing game.