cross-posted from: https://sh.itjust.works/post/58655072
A new analysis finds that tech giant Palantir Technologies paid $0 in federal income taxes last year, despite raking in hundreds of millions in taxpayer money to build out a mass network to surveil Americans in partnership with the Department of Homeland Security (DHS).
Palantir, which has landed multiple massive contracts under the Trump administration, made $1.6 billion in net income last year.
It grew so much last year that it joined the list of the 20 most valuable U.S. companies, with its stock more than doubling in value in the first half of 2025 alone. In a report to shareholders, the company said it was “crushing” expectations in terms of growth, with revenue growing 93 percent year over year at the end of 2025.
Yeah, and that’s by design. So until somebody comes in and puts a stop to that companies will continue to do it.
We need to lobby as a collective to hire politicians to actually represent us.
Agreed. Do you know of a PAC for this? I have been searching.
they are called unions, highly recommend
Unions are great, but it’s not enough. They don’t primarily focus on social issues. I’d be awesome if we had an LGBTQ union for example.
Those fucks have also recently got massive ‘defence’ contracts here in Australia as well. Not happy, Jan.
Has it ever been this bad? I mean in terms of taxes? The gilded age of the 1880s to 1910s had less economic inequality than today.
