Palantir Paid $0 in Federal Income Tax in 2025 While Raking in Taxpayer Funds to Surveil Americans

https://truthout.org/articles/palantir-paid-no-federal-income-tax-in-2025-as-it-partnered-with-ice-pentagon/

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.

760 points · 48 comments · view on lemmy.world

48 Comments

Sanctus@anarchist.nexus · 111 pts · 126d (17 replies)

I am so tired of this shit

frongt@lemmy.zip · 51 pts · 126d (16 replies)

Don't get tired. Get mad.

mushroommunk@lemmy.today · 44 pts · 126d (15 replies)

Dunno about the other guy but I'm both.

Sanctus@anarchist.nexus · 32 pts · 126d (14 replies)

I am definitely both, and I'm probably mostly tired because I just got my linux desktop running and have been up too late on it.

mushroommunk@lemmy.today · 12 pts · 126d (13 replies)

One of us One of us One of us

Sanctus@anarchist.nexus · 9 pts · 126d (12 replies)

Its fucken dope (at least can confirm with AMD cards). You'd be surprised how many games you dont even need proton for if you're not gargling AAAs. Linux is totally ready right now.

Whostosay@sh.itjust.works · 4 pts · 126d

Come here brethren, stay awhile

prole@lemmy.blahaj.zone · 3 pts · 126d

Right? After I switched a few years back, I was kicking myself for not doing it sooner.

It feels like what using a personal computer was always meant to be like

vaultdweller013@sh.itjust.works · 1 pts · 126d (9 replies)

I'm a bitch and reverted back to 10 for playing stalker gamma and modding games. I will probably revert back to Mint once gamma is moved away from using wrapper and Nexus releases a Linux mod manager that gets around some of the weird issues. Like how Baldurs gate 3 just doesn't work or how NVSE64 doesn't work for Linux.

youcantreadthis@quokk.au · 2 pts · 126d

Found modding older totles easier on linux

Formfiller@lemmy.world · 66 pts · 126d (4 replies)

Thiel is literally in the Epstein files thousands of times. He’s a kid diddler. You couldn’t even write a better comic book villain. Dude belongs in Arkham asylum. He’s going around the world giving speeches that Greta tunberg is the Antichrist

muffedtrims@lemmy.world · 14 pts · 126d

🎶I'm Peter Thiel and I know about the antichrist🎶

youcantreadthis@quokk.au · 9 pts · 126d

Also drinking all that boy blood.

etherphon@piefed.world · 7 pts · 126d (1 reply)
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Formfiller@lemmy.world · 2 pts · 125d

For real. The baby eating doesn’t keep them young

Chozo@fedia.io · 28 pts · 126d (3 replies)

We need to bring back the guillotines.

youcantreadthis@quokk.au · 6 pts · 126d (1 reply)

Its the only way a living thing has a future.

Marthirial@lemmy.world · 1 pts · 126d
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Marthirial@lemmy.world · 1 pts · 126d

We need to bring back the balls of using the Guillotines.

NoForwadSlashS@piefed.social · 20 pts · 126d

I guess it ends up pretty cheap overall when you pay to install your own government and fill it with all the people you diddled kids with.

youcantreadthis@quokk.au · 19 pts · 126d (1 reply)

So yoyre saying; everything they have is stolen?

BarneyPiccolo@lemmy.today · 1 pts · 125d

Yes, and we should take it back.

SpiceDealer@lemmy.dbzer0.com · 18 pts · 126d (1 reply)

So, universal healthcare would be a waste of taxpayer money but surveillance capitalism is a-OK?

BarneyPiccolo@lemmy.today · 4 pts · 125d

Now you're getting it.

tgcoldrockn@lemmy.world · 15 pts · 126d

"Yes, Kings!" said the disheartening amount of village idiots.

anon_8675309@lemmy.world · 14 pts · 126d (2 replies)

Trickling the wrong way.

AcidiclyBasicGlitch@sh.itjust.works · 13 pts · 126d (1 reply)

Or working exactly as it was intended

BarneyPiccolo@lemmy.today · 3 pts · 125d

When it's not working, it's working.

inari@piefed.zip · 13 pts · 126d

Wealth transfer in progress...

Drusas@fedia.io · 13 pts · 126d

Where are all those people from this past week who have been making Molotov cocktails?

BigTrout75@lemmy.world · 7 pts · 126d

Good deal for them. Bad deal for every system in the US that relies in taxes.

laz@lemmy.dbzer0.com · 7 pts · 125d (1 reply)

I guess if you are rich only death is inevitable not taxes

BarneyPiccolo@lemmy.today · 4 pts · 125d

And they are working on the death part now.

AcidiclyBasicGlitch@sh.itjust.works · 5 pts · 126d

$0... 🙃

rogsson@piefed.social · 5 pts · 126d

Shitty country letting shitty companies doing shitty things. Shocking!

krisevol@lemmy.zip · -11 pts · 126d (8 replies)
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fonix232@fedia.io · 30 pts · 126d (3 replies)

Interesting, I'm paying taxes on my income, regardless of my expenditure...

fizzle@quokk.au · 2 pts · 126d (1 reply)

Im not sure if youre actually this daft but obviously thats not true - im sure you're entitled to claim a deduction for expenses you incur in producing your income.

fonix232@fedia.io · 11 pts · 126d

In the US, maybe. Not in most other countries.

Also while companies can expense ALL expenditure related in generating their income, people can't. You can't claim 1/3 of your rent, 1/3-1/2 of your food consumption, your bills, etc., as expenditure. Companies can, and they do, often disgustingly so.

youcantreadthis@quokk.au · 0 pts · 126d

Disgusting meat. Complain again when youre a citizen.

Supervisor194@lemmy.world · 12 pts · 126d (1 reply)

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.

youcantreadthis@quokk.au · 6 pts · 126d

Out of existence, taxed or otherwise.

BarneyPiccolo@lemmy.today · 3 pts · 125d (1 reply)

Tax wealth, not work.

krisevol@lemmy.zip · -2 pts · 125d
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garbage_world@lemmy.world · -16 pts · 126d
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