New Analysis: Palantir CEO Could Have Personally Saved Up to $86 Million from Trump Tax Law

July 21, 2025

Today, amid weeks of concerning reports over data firm Palantir’s involvement in the Trump administration’s mass deportation operations and anti-privacy policies, Americans for Tax Fairness released a new analysis showing that the company’s CEO could have personally saved up to $86 million in taxes from just one portion of the GOP tax law that was recently extended. The study found that corporate chief Alexander Karp, who was recently worth an estimated $13.3 billion, received at least $3.3 billion in total compensation over six years following the original law’s enactment in 2017. The cut in tax rates, especially the top rate, was the component of the tax law that may have padded his pockets with tens of millions of dollars.

“Alexander Karp’s Palantir is enabling President Trump’s heavy-handed immigration policy and making it possible for his administration to assemble comprehensive files on everyone in the country, a chilling prospect for a regime with such autocratic tendencies,” said David Kass, ATF’s executive director. “Meanwhile, our Republican-led government has rewarded Karp with up to $86 million in personal tax savings, a figure that will likely grow in coming years now that the GOP’s slanted-to-the-wealthy tax law has been extended.”