John,

We’re exposing the winners and losers of the latest Trump tax scam, which tears healthcare and nutrition away from working families and adds trillions of dollars to our country’s debt through massive tax handouts to the wealthy few.

In our latest report, we reveal how Palantir’s billionaire CEO Alexander Karp could have saved nearly $40 million last year alone on his $1.5 billion income from just one provision of the first Trump tax scam. And the new Big Brutal Bill’s seemingly small 2.6 percentage point reduction in the top tax rate will keep benefitting Karp even further in the future.

Palantir made its name building tech for ICE’s mass deportation machine. It sells surveillance software to law enforcement agencies with a history of profiling and abuse. Now we know that while doing so, its CEO was also quietly reaping tens of millions in personal tax windfalls, thanks to policies designed to benefit CEOs like him.

This report is just the beginning. Donate today to power our research, reporting, and activism that is fighting back against tax policies that enrich billionaire CEOs at the expense of working people.

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Together, we’re making sure the American people know exactly who is benefiting from the Big Brutal Bill and what we must do to fight back and create an economy and a tax code for the people, not the billionaire class.

-- David's email --

John,

Palantir’s CEO, Alexander Karp, has already built a billion-dollar fortune. His company profits from the surveillance state—fueling ICE raids, offering predictive policing, and providing data systems that violate basic civil liberties.

Now our new report reveals that Karp could have pocketed $86 million in personal tax savings, from just one provision of the 2017 Trump-GOP tax law.[1] That first Trump tax bill slashed rates on the ultra-wealthy, running up trillions of dollars of debt that threaten critical services for everyone else. And Republicans just extended that same tax giveaway, ensuring that billionaires like Karp keep cashing in while the rest of us foot the bill.

When Donald Trump signed his latest tax scam into law on July 4th, one provision in the law lowered the top income tax rate in coming years from 39.6% to 37%. Though only a 2.6 percentage-point reduction, at the income levels enjoyed by people like Karp—whose total compensation over the years 2019-24 was at least $3.3 billion—those few points can make a big difference.  

This is what GOP economic policy is designed to do. Enrich billionaire cronies. Reward corporations that serve authoritarian interests. And quietly bury the cost under slogans about “growth” and “efficiency.”

We’re exposing how billionaire CEOs like Karp are cashing in on the Trump tax scam while the rest of us pay the price. Please make a donation right now to help us build the power we need to fight back.

The numbers don’t lie. Karp’s income reached $1.5 billion in 2024, and under the GOP rate cut alone, he could have saved nearly $40 million last year.

And he’s not the only one. These tax windfalls are quietly building a new billionaire aristocracy, people who bankroll authoritarian politicians, lobby against worker protections, and build systems that surveil and punish the vulnerable.

Palantir’s co-founder Peter Thiel once said he no longer believes “freedom and democracy are compatible.” His political allies include Vice President J.D. Vance. Karp, Thiel, and their peers are using their wealth and influence to reshape the country, and the GOP is holding the door open.

We can’t let them get away with it. We need bold action to unrig the tax code, and it starts by demanding a system where billionaires like Karp pay their fair share.

We can stop them from profiting off mass surveillance and force them to pay their fair share, but we need you in the fight. Please make a donation right now to help us expose these billionaire tax scams and shut them down.

If you've saved your payment information with ActBlue Express, your secure donation will go through immediately:

Together, we can hold Palantir and billionaire CEOs like Karp accountable.

David Kass
Executive Director
Americans for Tax Fairness Action Fund

[1] PALANTIR CEO MAY HAVE SAVED $86 MILLION FROM GOP TAX BILL