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.
You pay taxes on profit. They haven’t made any yet.
Interesting, I’m paying taxes on my income, regardless of my expenditure…
They should pay taxes on their billionaire’s worth. He should be taxed out of existence. If he can’t or won’t pay, he should be incarcerated. If he doesn’t want to be incarcerated, he should leave the country.
Tax wealth, not work.
Tax profit, not wealth.