Tax Breaks Let Palantir Post Zero Federal Taxes While Expanding Military Contracts

Truthout reports that Palantir paid no federal income tax in 2025 despite $1.6 billion in net income and receiving billions in federal funding, including a DoD Maven contract. An Institute on Taxation and Economic Policy analysis attributes this to GOP tax breaks and the 2017 Tax Cuts and Jobs Act, noting Palantir as one of at least 88 profitable companies that paid zero or received refunds. The piece links Palantir’s government work with increased surveillance powers and highlights broader corporate tax avoidance amid massive federal outlays to defense contractors and tech firms.