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A new analysis finds that tech giant Palantir Technologies paid no 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 valua…

@rberger@hachyderm.io
2026-03-15 17:58:20

The billionaire tax needs to be made THE litmus test for all Democratic candidates for office.
Corporate Democrats have been the root failure mode of the Democratic Party since at least Bill Clinton.
We must remove the corporate Democrats from power right after we remove Trump from power, or we will just get an even worse Trump in the near future.
If a candidate is not willing to support a billionaire wealth tax, then we know for sure they are a corporate Democrat and should not be elected.
#USPolitcs #noBillionaires #NoKings

There are some changes for the 2026 tax filing season that people who are 65 years of age and older should be aware of.
The most recent being the enhanced deduction for seniors
irs.gov/newsroom/2026-filing-s

@servelan@newsie.social
2026-02-11 01:42:40

Senate GOP Kills Bill That Would've Reversed $10 Billion Trump Corporate Tax Break | Common Dreams
commondreams.org/news/tax-give

@Techmeme@techhub.social
2026-02-06 19:05:58

Amazon's annual tax bill fell 87% YoY to $1.2B in 2025, as profits grew 45% to ~$90B, mostly due to GOP's depreciation breaks in the One Big Beautiful Bill (Brian Faler/Politico)
politico.com/news/2026/02/06/a

@memeorandum@universeodon.com
2026-02-06 18:51:14

Amazon's tax bill plunges after GOP tax cuts (Brian Faler/Politico)
politico.com/news/2026/02/06/a
memeorandum.com/260206/p87#a26

A new analysis released Thursday estimates that the average American taxpayer shelled out over
$4,000 to the federal government last year “for militarism and its support systems” such as the Pentagon,
whose already-massive annual budget is poised to surge to $1.5 trillion if Donald Trump gets his way.
The National Priorities Project (NPP) at the Institute for Policy Studies found in its latest annual Tax Receipt report that,
through their federal taxes, the average US…

@NFL@darktundra.xyz
2026-02-27 01:01:41

Chicago Bears stadium race heats up as Illinois, Indiana push bills forward nytimes.com/athletic/7074068/2

Democratic senator Chris Van Hollen, viewed as a potential 2028 presidential candidate, will unveil a plan that he says would ensure roughly half of all U.S. workers pay no federal income taxes.

Sen. Chris Van Hollen of Maryland is expected to release the measure next week as Democratic lawmakers search for a sharp economic message to counter last year’s Republican tax law.

Under Van Hollen’s proposal, workers making at or below a “living wage”
— $46,000 for taxpayers filin…

@chrisnelder@mastodon.energy
2026-03-27 01:01:51

From the mf rooftops!! "Renewable energy, by contrast, has been 'way too wimpy...Look at what the oil and gas industry does, brilliantly... give credit to how effective they are on lobbying and policy and supporting their allies and punishing their opponents.'” 🎁🔗

@doktrock@toad.social
2026-03-20 13:59:14

Front page of the Fargo-Moorhead Forum newspaper from 50 years ago, 1976.
Patty Hearst, George Bush goes to CIA, local #NorthDakota spring weather, a robber that nabbed $30 to $40, Gov Wendy Anderson signs #Minnesota bill to raise drinking age to 19.

Front page of a newspaper. The main headline is Hearst Trial Jury Begins deliberations. Other stories on appointment of a representative to China, tax bills, education, association to bring suit in Fargo case, photos of people clearing snow.
@buercher@tooting.ch
2026-02-20 17:16:23

In a post on X, Chuck Schumer, the Senate minority leader, called the decision a “victory for the wallets of every American consumer. Trump’s illegal tariff tax just collapsed – He tried to govern by decree and stuck families with the bill. Enough chaos. End the trade war.”
theguardian.com/us-news/2026/f