‘Never Trump’ CEO Shares Benefits of Tax Overhaul With Employees

AutoNation Inc. Chief Executive Officer Mike Jackson, who publicly broke with the Republican Party over the nomination of Donald Tump, is giving an array of benefits to employees who stay with the car retailer for several years as a way to share the spoils of U.S. tax reform.

While Jackson applauds the sharp reduction in corporate taxes -- something he said the Obama administration had promised to fix -- the executive remains an Independent after quitting the GOP over the acceptance of Trump as its nominee. The recently enacted reforms are estimated to save AutoNation as much as $100 million a year.