Posted on 02/19/2025 9:24:54 PM PST by SeekAndFind
On Tuesday, Elon Musk responded to a proposal from James Fishback, CEO of Azoria, regarding a unique idea: the “DOGE Dividend.” This initiative aims to issue a $5,000 tax refund check to approximately 79 million American families, funded by a projected total savings of $2 trillion from DOGE. Fishback emphasizes that this dividend would not only compensate taxpayers for the misuse of their dollars but also help restore trust in government accountability.
Fishback’s argument is compelling: the DOGE Dividend represents a social contract between taxpayers and their government, a much-needed refund given the egregious waste uncovered. As Fishback puts it, “It's high time for the federal government to refund money back to taxpayers.”
This isn’t just about getting a check in the mail; it’s about reinstating fiscal responsibility and empowering citizens. With daily savings of about $1 billion from DOGE, this could be a substantial catalyst for economic rejuvenation — boosting spending and helping many who are currently burdened by debt. There are, of course, inflationary concerns, but the bottom line is that our money was mispent and we should get some of it back.
Musk was impressed by the idea and said he’d bring it up to President Trump. Trump has responded. He announced on Wednesday while delivering a speech in Miami at the Future Investment Initiative (FII) Institute, that he is exploring the “DOGE dividend” proposal.
“[We are considering] a new concept where we give 20% of the DOGE savings to American citizens and 20% goes to paying down debt," he said. "Because the numbers are incredible, Elon. So many billions of dollars. Billions — hundreds of billions — and we're thinking about giving 20% back to the American citizens and 20% down to pay back debt.”
(Excerpt) Read more at pjmedia.com ...
RE: [We are considering] a new concept where we give 20% of the DOGE savings to American citizens and 20% goes to paying down debt,” he said.
OK, THAT’S 40%. WHAT ABOUT THE OTHER 60%?
Reduce the deficit.
A “DOGE Dividend” would pour kerosene on the fires of inflation.
Must be like a credit card. Paying down the debt, but still spending money.
Why just 79M families?
Where’s the remaining 60% going?
Why just 79M families?
Where’s the remaining 60% going?
I’ve been paying taxes since age 16.
I’m now 69.
Any refunds should only come to taxpayers.
not to the useless shits we have supported
all these years.
I’ll probably donate any windfall I get to a charity of MY choice.
Despite all the barriers Democrats have erected in my life
I’ve done OK.
It will probably be redistributed to more worthy agencies, such as DOGE and border patrol.
Clearly, high earners should get proportionally more than middle, low, and non-earners. That would reduce the impact on inflation.
Why just 79M families?
Dividend goes to only those paying federal taxes.
Spend it?
Taxpayers. Not everyone?
Personally, President Trump should come out and tell the American taxpayer that because the federal government abused their tax dollars, no federal taxes will be taken away from them for the entirety of his presidency.
Of course, Democrat run states will then say that because there’s no federal taxes taken out, they can go ahead and raise their state taxes.
Take taxes paid in 2023 or 2024. Refund about 9% on 2025 return, which is roughly the amount ($5,000 times 79 million = $395 billion).
I hope it’s better than Trump 1.0’s “tax cut”, which raised my taxes. I’ll believe it when I see it.
Doesn’t that fall under “20% goes to paying down debt”?
Yep, raised ours, too. Not by a lot, but still more.
Tax breaks. Forget a check.
And other nasty things
Restoring my trust and confidence will take more than $5k. How about an honest budget for the first time in 1/4 Century?
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