How Palantir cashed in on Trump’s tax handouts—and helped ICE track, detain, and deport families.

$3.3 billion
Based on SEC proxy statements, Alex Karp, the CEO of Palantir, received an estimated cumulative ordinary income of $3.3 billion from 2019 through 2024.
$86 million
From this estimate his personal tax cut from the 2017 Trump-GOP tax law could be $86 million over that same period, just from the reduced top tax bracket.

Over that same period (2018 to 2024) the CEO’s total pay, counting unrealized income and non-taxable benefits, was
893 times more
than the median Palantir worker’s salary over those same six years.

The collective compensation (excluding vested stock and exercised options) of the top five Palantir executives from 2019 to 2024 was
$1.6 billion

Despite these huge pay packages, in the 5 years of tax data we have on Palantir (2024-2020) they have reported
$1.5 billion
of losses.
They have paid the federal government
$0
in income taxes.
That's less than the
$64 million
of stock buybacks they engaged in during the same period.

CEO of Palantir Alex Karp has a long history of far-right comments and political donations, including saying that he “spends a lot of time talking to Nazis.”
Palantir has received a majority of its revenue from government contracts, amounting to $1.6 billion from 2012 to 2024. In 2025 they secured another $900 million worth of federal contracts.

Palantir has spent
$24.7 million
lobbying members of Congress on legislation over the last decade.
Sign up to get updates and take action today!