Posted on 02/18/2025 9:50:32 PM PST by Strict9
Musk replied, curious, but said that he 'will check with the President.'
Fishback added: 'American taxpayers deserve a 'DOGE Dividend': 20% the money that DOGE saves should be sent back to hard-working Americans as a tax refund check.'
'It was their money in the first place! At $2 trillion in DOGE savings and 78 million tax-paying households, this is a $5,000 refund per household, with the remaining used to pay down the national debt. Elon Musk, let's do this! This is how we rebuild trust in our government.'
(Excerpt) Read more at dailymail.co.uk ...
I agree. Nice sentiment but Elon is no politician in the sense he doesn’t measure the impact of his words before uttering them.
Giving people ideas like this can be troublesome when the idea isn’t lived up go later. A lot of angry people whining about promised $5,000 checks that didn’t materialize.
Just make it a nonrefundable credit, and for one year, those that pay taxes will get a windfall.
It could be like a solar credit. Great for those that make enough money to use it all up over five years.
Excellent point. No money for the illegals.
But what about paying a fortune in unemployment benefits to the kicked out freeloaders? And in the lawsuits for the poor loafers defended in courts for years by cash hungry leftist lawyers?
Bad idea. We have a huge national credit card deficit already.
“A lot of angry people whining about promised $5,000 checks that didn’t materialize.”
And if it goes to some households but not others be prepared to deliver 2026 votes to Democrats.
Apply it to my taxes earmarked for education, firefighters, and police. I would lose that much anyway, why not invest it in myself for needy causes? Just give me a tax credit.
wy69
First, a balanced budget (need $1.8 Trillion in cuts for that), then a balanced budget with a surplus to start paying down the $36 Trillion national debt ($2+ Trillion in cuts to achieve that) THEN you can start talking about a “DOGE Dividend”.
Surprisingly Elon falls into media traps easily. He likes the posititive attention.
Thought about this last week. If anybody should be paying down the debt, it should those that egregiously abused, mismanaged, and self-enriched themselves with our tax dollars. Those mofos should be rendered destitute and thrown under the jailhouse.
The working class have suffered numerous and untold injuries over the last 50+ years from this facist BS with no relief in sight.... until now. I propose $10,000 per actual taxpayer household, cease and desist taxing those drawing legit Social Security, cease and desist the taxing of tips, and abolish the IRS.
Yes, pay down the debt.
Then if there still is an income tax, stop all with holding and all quarterly payments.
Pay with cash, check or money order the day before you vote.
Folks would vote better if they really understood how much they pay that could have been theirs and paying was fresh in their minds.
Dems are so screwed.
It is invested savings that make capitalism work, as it used to in my youth up to the 1960s when credit cards entered the earning/spencing cycle to destroy the power of accumulated savinss funded one's retirement.
I’d much rather they start doing things right and well and keep the money since all incremental dollars are borrowed.
If they are insistent on spending to show something I’d much rather see the money go to fixing roads and run down parks and sprucing up the nation. They could also use it to clean up the torn up and neglected places the illegals have messed up.
That is what I would rather see.
Musk and Trump also had better bank the savings before they start giving it back. So far we have a lot of discoveries but not very much coming back into the Treasury. The 10% of the government workforce that is supposedly let to is not a huge savings either. All good but only a start.
Don’t spend it yet.
There are about 125 million citizens who file federal tax forms. From what I have read about 65 million actually had to pay federal taxes. I would suggest that those who paid taxes should get the refunds first.
If the DOGE goal of 2 trillion is met then 2 trillion divided by 65 M Is about 30 K per taxpayer. If 2T is spread over 125M, that’s about 15 K per tax form filer.
Further DOGE savings could be used to pay down the principal on the national debt.
Send it back..it was, and is our money. Prosecute anyone who got a kickback from the spending as “fraud”...8 years in the pokey sounds like a good start.
Has everyone else but you lost his mind?
From all the bad ideas across these threads, this ranks right down there with the worst.
America is $36 trillion in debt and incurring deficits at the rate of nearly $2 trillion per year. Therefore we and Donald Trump are in a foot race to curb this deficit before the bond purchasers abandon the next auction and permit chaos to ensue.
Before the end of this year we must roll over $10 trillion in 10 year notes. If the interest rates go up it will be even more difficult to do. If we dump monies from helicopters, as this mindless feel good proposal would do, inflation increases as the value of those very dollars declines.
The interest rates for bonds is just shy of 5% now and if that rate goes much higher it will be very difficult to float the bonds and still make the rest of the government work.
The whole idea behind DOGE is not just good governance but the very salvation of our economy, the dollar, our Constitution and Bill of Rights. To lose those is to have blood in the streets.
“...8 years in the pokey sounds like a good start.”
Plus a fine that wipes out their assets.
Look, it would be nice, but we have a Vice President, JD Vance.
I didn’t vote for Co-Prezzie Musk. He’s making me uneasy the way he’s throwing his mouth around.
Does anyone know who we owe the $37 trillion to and how exactly we go about paying it back?
Do we owe it to ourselves?
Do we owe it to future generations?
Do we owe it to foreign banks and oligarchs?
I say, rather than sending checks out, or trying to figure out which creditors to pay out first, simply turn off the printing presses for a while and stop creating new fiat money backed by nothing.
Put any cash surplus in a reserve and spend it efficiently while giving the printing presses a rest.
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