John,
Across the country, ICE has escalated violent and lawless enforcement that is tearing families apart and costing lives. In Minneapolis alone, two people were killed during ICE operations this month. Last year, more people died in ICE custody than in any of the previous twenty years. While communities mourn, powerful corporations are quietly cashing checks.
Americans for Tax Fairness has exposed how five major corporations are profiting directly from ICE enforcement while enjoying massive tax giveaways. Amazon, AT&T, Home Depot, Microsoft, and Palantir received billions in tax breaks and now provide critical services that support ICE raids, surveillance, detention, and targeting of immigrants and political dissenters.[1]
These companies did not just benefit from Trump’s 2017 tax law. They were among its biggest winners. Collectively, they saved an estimated $19 billion annually in corporate tax cuts over the law’s first seven years. Their CEOs personally pocketed as much as $124 million in tax giveaways. Instead of reinvesting those windfalls into workers or communities, these corporations ramped up stock buybacks, executive pay, and ICE-linked contracts.
This is corporate greed in its rawest form. While our government claims there is no money for Medicaid, ACA coverage, or food assistance, it continues to fund a militarized immigration force backed by corporate contractors. Communities are being starved of healthcare and public investment while corporations profit from surveillance, violence, and fear.
Take action now and tell these CEOs to stop profiting from ICE violence and end their companies’ role in raids, surveillance, and deadly enforcement that are terrorizing our communities.
The CEOs running these companies preside over staggering inequality. At Amazon, CEO pay has exceeded the median worker’s pay by more than 1,000 times. At Palantir, CEO Alex Karp has taken home $3.3 billion in ordinary income while the company paid $0 in federal income taxes. AT&T, Microsoft, and Home Depot all saw their effective tax rates slashed after 2017 while pouring tens of billions in tax savings into dividends and buybacks.
Stock buybacks alone tell the story. Microsoft spent more than $221 billion buying back its own shares. Home Depot spent $82 billion. AT&T paid out $137.8 billion in dividends while receiving billions in federal contracts, including Homeland Security deals described as mission-critical. These choices were deliberate.
These same corporations now claim neutrality while providing cloud infrastructure, communications systems, surveillance software, or physical access that ICE relies on to operate. Without corporate collaboration, ICE’s current level of enforcement would not be possible.
We refuse to accept a system where corporations profit from ICE violence while working families are told to accept rising prices and shrinking public services. Corporate tax breaks are draining the revenue our communities need to survive.
Tell these CEOs to end their complicity in ICE violence and stop harming our communities through corporate greed.
Thank you for standing with us,
David Kass
Executive Director
Americans for Tax Fairness Action Fund
[1]
ICE's CORPORATE COLLABORATORS: EXPOSED