Posted on 02/19/2025 9:09:02 AM PST by Red Badger
Elon Musk has endorsed it with an innovative way of showing the country the savings his Department of Government Efficiency is making.
Posting on the X platform on Tuesday, Musk said he would “check with the president” about a proposal to send out $5,000 checks to every American using money saved by DOGE’s cost-cutting operations.
The idea was initially proposed by James Fishback, a partner at the investment firm Azoria.
He explained the idea as follows:
Few in America knew precisely what to expect from DOGE. The early perceived turbulence around leadership, the uncertainty around legal structure, and the lack of precedent for such a bold initiative created a sense of “show me” with DOGE. Just a month into President Trump’s second term, DOGE is delivering. Full stop.
With DOGE reportedly achieving $1 billion in savings per day, President Trump has an opportunity to work with Congress to take DOGE one step further and deliver what we at Azoria call the “DOGE Dividend,” a tax refund check to be sent after the expiration of DOGE in July 2026 funded exclusively with a portion of the total savings delivered by DOGE.
However, the idea comes with some caveats, including that all recipients must be paying federal income tax in order to qualify:
Finally, President Trump’s DOGE Dividend will work to increase labor force participation by requiring individuals to be net payers of federal income tax to be eligible to receive their DOGE Dividend check. As just one example, 7 million working-age men in America are neither working nor looking for work.
The prospect of a $5,000 DOGE Dividend in 2026 will incentivize many to re-enter the labor force in 2025 in order to be eligible for the DOGE Dividend.
Low labor force participation is throttling U.S. economic growth and the DOGE Dividend will provide a powerful incentive to begin reversing this trend on the margins.
Over the past few weeks, Elon Musk’s DOGE initiative has uncovered billions in government waste and corruption, exposing rampant mismanagement of taxpayer dollars.
Investigations revealed $1.7 billion in unspent COVID relief funds, $3 billion lost to fraudulent unemployment claims, and $800 million wasted on failed green energy projects.
Meanwhile, the federal government spent $200 million on diversity training for bureaucrats and $4.5 billion in foreign aid to hostile regimes with little oversight.
Give it to actual tax payers. Law abiding People who file and pay every year. There are millions who sponge off government and should not receive. Unless the liquor/tobacco/vape/weed industry is in a slump.
sweet. It’s our money, not theirs
Does that include people like baby mamas who are already a net drain on the system? No thanks. Apply the money to the deficit.
I’ll wait until he gets to 2 trillion.
Imagine what the cost of eggs would go to if everybody got $5000k.
The whole phone thing was as phony as the day is long.
This one here from DOGE/Trump is the REAL DEAL. TRUE SAVINGS to the American People by CUTTING UNCONSTITUTIONAL GOV’T and its $3+ trillion waste.
“I’m not sure what the term ‘net payer’ means. Would this eliminate retirees?”
It means that it would offset your tax due but only up to that amount.
As someone else has already posted... somewhere around here, give me back my share of whatever was plundered from the treasury.
Then go recover it from those sudden millionaires... it’s kinda obvious who many of them are... if not possible, get a “pound of flesh”. After the fair trials, of course.
Also increase social security benefits not to exceed the amount lost to SS fraud.
SHOW ME THE MONEY!!!
Go, go, Elon!! Keep proposing stupid crap like this and you’ll wear out your welcome sooner rather than later. No one is irreplaceable. You’ll have to go back to making cars nobody wants and cheating at video games.
They need to give every tax payer 1,000,000.00 since that’s what they have stolen from us for decades . They give billions away to countries that hate us.
There is only 334,000,000 American tax payers. that will get the economy humming. Hell Schumer takes $5000.00 every minute.
“ Once that was a conservative idea.”
Conservatives support a smaller government with less taxes.
They DONT SUPPORT the government sending checks out to people.
They all think we are stupid.
All the hard work to cut spending and slash government and then they want this stunt.
It’s wrong .
Don’t send money now. Fix it first, please.
And/or prosecute those that misappropriated that $5K and order them to pay restitution as part of their sentencing.
Both would do mor for my long term happiness and satisfaction than a one-time lump sum that would only inflate prices that much more.
Bribing us with our own money.
Why don’t you see this as a good faith initial showing of REAL SAVINGS to the American People by CUTTING UNCONSTITUTIONAL GOV’T and its $3+ trillion waste?
It could be a real boost to the economy as well.
There are aproximately 155 million tax payers in the USA.
Sending $5000 to every single tax payer amount to $775 BILLION dollars! That’s assuming DOGE can save that amount of tax money.
Eggs?
CAVIAR!....................
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