Musk Proposes $5,000 'DOGE Dividend' to All Americans

Source: https://x.com/i/trending/1892219367380955637
Published: Feb 19, 2025
Author: Horse
Post Date: 2025-02-19 09:35:02 by Horse
Views: 652

Elon Musk has proposed to President Donald Trump the idea of a 'DOGE Dividend', which involves distributing $5,000 checks to American taxpayers. This proposal aims to use the savings from the Department of Government Efficiency (DOGE), an initiative led by Musk to reduce government waste. While the concept has sparked interest and speculation across social media, no formal decision has been made on its implementation.

Michelle #AmericaFirst @MichelleRM68

WHOA! President Trump is considering sending every American a $5000 check called "The DOGE Dividend."

How in God's name can Democrats fight that one??? This is just too good!! Make it rain baby!!🤑

https://x.com/i/status/1892171828484788656

Poster Comment:

Never happen. We have a $2 trillion budget deficit to take care of first. Maybe in 4 years.

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#1: Pinguinite    To: Horse (#0)

That would total abut 800 billion or 1.6 trillion, depending on if only income tax payers are rewarded or if all citizens are.

Yes, the political impact against D's would be enormous, but the more serious effect, perhaps what Musk is looking for, is it would get Americans excited about cutting gov waste as they'd expect more such "dividends" as further rewards.

That benefit could well be worth the initial cost.

Pinguinite posted on 2025-02-19 09:41:20   Reply   Private Reply

#2: Dakmar    To: Horse (#0)

Trump, use that money to pay down the debt. Injecting it into the general economy will only cause more inflation.

Dakmar posted on 2025-02-19 20:30:59   Reply   Private Reply

#3: Dakmar    To: Pinguinite (#1)

Yes, the political impact against D's would be enormous, but the more serious effect, perhaps what Musk is looking for, is it would get Americans excited about cutting gov waste as they'd expect more such "dividends" as further rewards.

I would be stupid not to cash a $5000 check, but I would be naive if I thought it was some sort of refund.

Dakmar posted on 2025-02-19 20:35:53   Reply   Private Reply

#4: titorite    To: Horse (#0)

Moar free money MOAR!!! The end of the Republic is here, why not let the plebs celebrate a little more with their funny papers before the pain really sets in.

titorite posted on 2025-02-19 20:41:00   Reply   Private Reply

#5: Dakmar    To: titorite (#4)

Now is the time to buy up $1000 used cars. Bedazzle them, there will be a surplus of fools with a fivestack in hand.

Dakmar posted on 2025-02-19 20:45:30   Reply   Private Reply

#6: Pinguinite    To: Dakmar (#3)

I would be stupid not to cash a $5000 check, but I would be naive if I thought it was some sort of refund.

To the contrary, I'd expect it to be taxable in the following year.

Pinguinite posted on 2025-02-19 23:54:13   Reply   Private Reply

#7: BTP Holdings    To: titorite (#4)

It is just like helicopter money. ;)

BTP Holdings posted on 2025-02-20 09:26:54   Reply   Private Reply

#8: BTP Holdings    To: Horse (#0)

We have a $2 trillion budget deficit to take care of first.

CONgress has the power to erase the national debt in one fell swoop by authorizing a bill which will pay it by minting one coin with that value attached to it. But not one of them has the guts to do it. ;)

BTP Holdings posted on 2025-02-20 09:29:50   Reply   Private Reply