Palantir paid no U.S. federal income tax last year despite recording substantial profits.

Aug 14, 2026 · 6:45 PM UTC

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Globally the comapny enjoyed an effective tax rate of just 1.4%. truthout.org/articles/palant…

Palantir Paid No Federal Income Tax. Its Global Tax Rate Is Just 1.4 Percent.

The infamous surveillance company paid $22.7 million in global corporate taxes while raking in $1.6 billion in profits.

truthout.org
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Replying to @MorePerfectUS
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Replying to @MorePerfectUS
how much taxes did u guys pay
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Replying to @MorePerfectUS
Is it trickling down yet?

ALT Trickle Down Joe Biden GIF

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Replying to @MorePerfectUS
It’s insane how brazen the corruption is nowadays. They don’t even care to hide it anymore..
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Replying to @MorePerfectUS
If you pay no tax then you should have no share of the highways or infrastructure of America . 🇺🇸 Americans have been shouldering the infrastructure, police , military , hospitals via Income taxes for 40+ years and BIllionares have been hiding their money in stock market that means 40+ years money taken out of circulation of economy and not taxed to build infrastructure.
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Replying to @MorePerfectUS
Correct, that's because they just started earning a profit in 2023 and have over a decade of losses accumulated. This isn't some nefarious scheme, its just accounting. They will likely be federal income tax payer in 2026 as their annual profits this year will burn through any remaining historical losses
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Replying to @MorePerfectUS
Palantir to the Trump Admin:
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Replying to @MorePerfectUS
A company can make enormous profits, win billions in government business, and still legally pay zero federal income tax. Maybe the scandal isn't that Palantir used the rules. Maybe the scandal is that these are the rules.
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Replying to @MorePerfectUS
Let's not forget about Palantir & their 600 pages of federal contacts. US taxpayers fund a private company making the process of genociding children much easier. America.
Destiny Rezendes
@dezzie_rezzie
3 Aug 2025
Spent the night combing through the federal procurement data system to compile over 600 pages of Palantir contracts. All of them, current as of last night. I've compiled them into 4 PDFs & uploaded them for public use to my archive. [link in comms] Happy Hunting!
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Replying to @MorePerfectUS
To be fair they are doing the important work of surveilling every US citizen.
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Replying to @MorePerfectUS
Big tech and government are leaches on we the people Debt based currency is the root of the problem
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Replying to @MorePerfectUS
#Capitalism ultimately can never be controlled or regulated because the 'winners' always buy the state machinery and wear it like a glove. #NotRocketScience youtube.com/watch?v=SNRyDa79…

AskProfWolff: A Critique of Robert Reich

Learn more about Prof Wolff's new book, The Sickness is the System:...

youtube.com
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Replying to @MorePerfectUS
The easiest way to start the MUCH NEEDED revolution is we all say we are NOT paying our taxes. Thats the only way we will even begin to get them to listen to us again.
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Replying to @MorePerfectUS
Kill people. Profit. Pay no taxes. The ultimate corporate greed strategy
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Replying to @MorePerfectUS
It isn’t palantir’s obligation to pay into taxes even though they take our taxes using federal contracts!!! As part of the working class, it is our responsibility to pay for palantir , their ventures and all the ketamine in the world for Alex Karp.
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Replying to @MorePerfectUS
Who woulda thought the thing named after the thing Sauron uses to spy on people was evil. No clue who woulda considered.
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Replying to @MorePerfectUS
Do you propose to get rid of tax loss carry forwards (the idea that profits exist ONLY after expenses are recouped despot an arbitrary 12 month cycle of spending) Or R&D expensing? Palantir broke no law that I’m aware of. So what do you propose?
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Replying to @MorePerfectUS
They're job creators. Not for humans, of course. Humans are annoying and come up with concepts like "humanity"
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Replying to @MorePerfectUS
Palantir is an arm of the government, they’d just be paying themselves.
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Replying to @MorePerfectUS
Of course they didn't. This is standard procedure nowadays.
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Replying to @MorePerfectUS
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Replying to @MorePerfectUS
America is getting robbed every day by billionaires and the politicians in their pockets.
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Replying to @MorePerfectUS
Sounds like our university system.
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Jews….
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Replying to @MorePerfectUS
Not the bots in the comments defending this ☠️☠️
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Replying to @MorePerfectUS
Okay, simply kill them
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Replying to @MorePerfectUS
I mean.. no taxes on the profits but didn't they pay taxes when they sold their product?.. that being information. Didn't a pay taxes when they paid their employees? Didn't they pay taxes when they purchased items? Real estate taxes? Although some AI companies get waivers.
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Replying to @MorePerfectUS
Yeah, but Wall street is doing the best ever though...
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Replying to @MorePerfectUS
Because they invested money into the growth of their business. Also, corporations dont pay taxes. They pass the associated costs down to their customers.
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Replying to @MorePerfectUS
Parasites.
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Replying to @MorePerfectUS
So we the people don’t have to pay either?
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@SecScottBessent
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Replying to @MorePerfectUS
Then work on fixing the loopholes
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Replying to @MorePerfectUS
So, not new. In 1993 GE submitted 70,000 page tax return and paid no taxes. Why do you care now?!?! Being saying this for 30 yrs
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