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Palantir Paid No Federal Income Tax in 2025 as It Partnered With ICE, Pentagon

Apr 16, 2026Far Left

Its $0 tax bill comes despite the company raking in $1.6 billion and landing a $10 billion military contract last year.

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Mamdani blasts ICE agents, Elon Musk and 'supremacy' in America 250 speech ahead of July 4 weekend

Latest Political News on Fox News

6 hours ago

Mamdani blasts ICE agents, Elon Musk and 'supremacy' in America 250 speech ahead of July 4 weekend

Zohran Mamdani blasted Elon Musk, ICE and oligarchs in a fiery America 250 speech flanked by naturalized citizens ahead of July 4 weekend.

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Pay-to-play cycle behind GOP's corporate tax cuts exposed in new report

Raw Story

6 hours ago

Pay-to-play cycle behind GOP's corporate tax cuts exposed in new report

Major American corporations that benefited from tax cuts enacted last year by President Donald Trump and congressional Republicans are donating to the campaigns of GOP lawmakers who made the windfall possible.A report published Friday by Unrig Our Economy spotlights seven House Republicans who voted for the sprawling and unpopular GOP budget package, which extended tax breaks for corporations and wealthy Americans while inflicting unprecedented cuts on Medicaid and federal nutrition assistance—with disastrous consequences for millions of low-income families across the country.Rep. Mariannette Miller-Meeks (R-Iowa), one of the lawmakers featured in the new report, has received campaign donations from corporate PACs representing 3M, Amazon, Walmart, AT&T, and other companies that collectively received billions of dollars in tax breaks from the Republican law, which restored a provision allowing businesses to immediately write off new investments.Amazon saw its US income taxes fall by more than half last year due to the GOP law, even as the company’s profits grew. Unrig Our Economy noted that Amazon, whose PAC donated thousands to the Republicans spotlighted in the new report, has an effective federal tax rate of 1.37% following enactment of the budget law.Miller-Meeks, who has received at least $57,000 in donations from the PACs of companies that benefited from the 2025 law, issued a statement Thursday bragging about supporting “the largest tax cuts in American history,” not mentioning that the benefits will disproportionately flow to profitable corporations and the richest people in the country.“Thanks to the Republican tax law, corporations are receiving tax breaks, House Republicans are getting campaign cash, and working families are getting stuck with the bill,” the report states.Another Republican lawmaker featured in the report, Rob Bresnahan of Pennsylvania, received $2,500 in campaign donations from the PAC of FirstEnergy, which reaped $500 million in depreciation deductions thanks to the GOP tax law.“Bresnahan voted to give FirstEnergy hundreds of millions in tax breaks even after the company raised utility prices for his constituents,” Unrig Our Economy’s report observes.The report also points out that Bresnahan “owned stock in every single one” of the companies who contributed PAC money to his campaign following passage of the Republican budget package last summer.“This comes after Bresnahan has already faced scrutiny for dumping stock in Medicaid providers and selling off bonds in Pennsylvania hospitals before voting to slash Medicaid and put rural hospitals at risk,” the report notes.Leor Tal, Unrig Our Economy’s campaign director, said in a statement that “one year ago, House Republicans ripped away healthcare and food assistance from millions of Americans, so that corporations could get massive tax breaks.”“Now, many of those companies are dishing out PAC money to the Republicans listed in this report,” said Tal. “Republicans in Congress sold out many of their own constituents to help corporations get even richer. It’s time that House Republicans step up, do the right thing, and start fighting for working Americans—not giant corporations.”

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Longtime Dem insider was FBI mole within Newsom’s inner circle amid federal investigation

BizPac Review

11 hours ago

Longtime Dem insider was FBI mole within Newsom’s inner circle amid federal investigation

A longtime Democratic political insider secretly served as an informant for the FBI while working for California Gov. Gavin Newsom. Alexis Podesta, who was appointed by Gov. […]

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Judge Orders USDA to Restore $127 Million in Federal Grants to Farmers

Truthout

19 hours ago

Judge Orders USDA to Restore $127 Million in Federal Grants to Farmers

The Trump administration had yanked the money away from organizations led by and in support of Black farmers.

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Sanctuary county refused 615 ICE transfer requests, turned over just 11 illegal immigrants, records show

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Yesterday

Sanctuary county refused 615 ICE transfer requests, turned over just 11 illegal immigrants, records show

Records show Fairfax County declined to transfer 615 illegal immigrants to ICE while turning over just 11 over roughly 16 months of data collected.

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Taxes on Trump's $1.4 billion crypto income could total hundreds of millions

Politics - CBSNews.com

Yesterday

Taxes on Trump's $1.4 billion crypto income could total hundreds of millions

The White House declined to say how much the president paid in taxes on his crypto windfall.

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Trump Financial Disclosure Shows 21,000 Trades in 2025

Bloomberg Politics

Yesterday

Trump Financial Disclosure Shows 21,000 Trades in 2025

President Donald Trump made more than 21,000 securities trades in his first year back in office, often in intense bursts tied to market events he created.

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