Remember last year's #BigUglyBill? Well this year it will start to devastate the #health clinics that serve low-income patients. But conveniently for #Republicans, the impact won't hit most states until after the elections.
https://www.medpagetoday.com/publichealthpolicy/medicaid/120616
NEW YORK: CMS approves NYSoH reverting Essential Plan back to Basic Health Plan authority; 450,000 New Yorkers to lose eligibility, 1.3 million to keep it
(This is a direct result of the GOP's #BigUglyBill which slashed HALF the Essential Plan's funding)
via NY State of Health: Centers for Medicare & Medicaid Services Approves New York’s Request to Transition Back to Basic Health Program Authority Approximately 450,000 New Yorkers Will Become Ineligible for the Essential Plan Beginning July 1, 2026, and Will Instead Be Eligible for Qualified Health Plans ALBANY, N.Y. (March 23, 2026) - The New York State Department of Health provided an update following federal approval from the Centers for Medicare & Medicaid Services (CMS) of the State’s request to terminate its Section 1332 State Innovation Waiver and return to Basic Health Program (BHP) authority. The transition preserves Essential Plan coverage for approximately 1.3 million New Yorkers with incomes below 200 percent of the federal poverty level. "Our priority is to ensure New Yorkers continue to have access to affordable, high-quality coverage,” State Health Commissioner Dr. James McDonald said. “We are focused on supporting individuals through this transition and making sure they understand their options and can maintain continuity of care.” Danielle Holahan, Executive Director of NY State of Health, said, “No New Yorker should have to choose between keeping the lights on and seeing a doctor.
via NY State of Health: Centers for Medicare & Medicaid Services Approves New York’s Request to Transition Back to Basic Health Program Authority Approximately 450,000 New Yorkers Will Become Ineligible for the Essential Plan Beginning July 1, 2026, and Will Instead Be Eligible for Qualified Health Plans ALBANY, N.Y. (March 23, 2026) - The New York State Department of Health provided an update following federal approval from the Centers for Medicare & Medicaid Services (CMS) of the State’s request to terminate its Section 1332 State Innovation Waiver and return to Basic Health Program (BHP) authority. The transition preserves Essential Plan coverage for approximately 1.3 million New Yorkers with incomes below 200 percent of the federal poverty level. "Our priority is to ensure New Yorkers continue to have access to affordable, high-quality coverage,” State Health Commissioner Dr. James McDonald said. “We are focused on supporting individuals through this transition and making sure they understand their options and can maintain continuity of care.” Danielle Holahan, Executive Director of NY State of Health, said, “No New Yorker should have to choose between keeping the lights on and seeing a doctor.
#Palantir Pays Zero Federal #IncomeTax Despite Explosive Growth, Largely Due to #Trump Tax Law
by Matthew Gardner, February 17, 2026
"The CEO of Palantir, the tech company known for equipping #ICE with #AITools that hack into people’s phones, recently said he runs 'the first company to be completely #AntiWoke.' This week, we learned that a key part of being anti-woke is, apparently, not paying taxes.
"In its recent earnings call summarizing fiscal year 2025, a Palantir exec crowed that the company’s explosive growth and profitability for the year was 'one of the truly iconic performances in the history of corporate performance.' But the company neglected to mention one weird trick that also fueled its 2025 growth: this is the third straight year that a profitable Palantir has avoided paying even a dime of federal income tax on its earnings.
"Palantir’s annual financial report, released this week, shows the company enjoyed $1.5 billion of U.S. income and paid exactly zero federal income tax. At the 21 percent federal income tax rate profitable companies theoretically pay, Palantir should have paid $330 million.
"While the company used a variety of tax breaks to achieve this, the most obvious is the new tax break enacted by Congress at the behest of President Trump last summer. The 'One #BigBeautifulBill' allows companies to (retroactively) immediately deduct their research expenses, rather than writing them off gradually over time in line with the income generated from that research. Palantir reduced its taxes by over $400 million using this provision.
"U.S. #taxpayers are paying multiple times for the services provided by Palantir, which the Trump administration finds so valuable. First, we pay the bill for the government contracts signed with the company, for example, the deal signed in April for Palantir to provide ICE with a system to track immigrants. Then we pay again with subsidies provided through the tax code, including the $400 million for the 'research' the company has done to create these innovations in government surveillance.
"It’s not news that helping the Trump administration with its policy goals can be enormously profitable. But it’s important to recognize that Palantir’s recent success has been helped substantially by a far more pedestrian tool: handouts from American taxpayers."
Source:
https://itep.org/palantir-pays-zero-tax-trump-tax-law-ice/
#USPol #WorldPol #WarMachines #Spying #SpyMachines #BigBrother #SurveillanceState #PayYourTaxes #TaxTheWarMachines #AbolishPalantir #NoWar #TaxTheRich #TaxCorporations #BigUglyBill #TrumpSucks
Palantir reported $1.5 billion of U.S. income but paid exactly zero federal income tax in 2025. Despite explosive growth, tax breaks from the Trump tax law helped Palantir avoid paying even a dime of federal income tax on its earnings.
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