Trump & Elons possible plan

James Fishback, the CEO of investment firm Azoria, has proposed the idea of a DOGE Dividend. Fishback, reportedly an outside adviser to DOGE, posted on social media that the proposal would guarantee a $5,000 (Rs 4,34,730) refund to every American taxpayer household, funded by savings from the Department of Government Efficiency. Elon Musk has responded to it.

i would rather it went to the deficit. bad idea imo. worse maybe than the covid money

I agree. Let's make paying off our debt a priority.

I sure could use it this month

3x.

4x

I might see a small percentage of savings, say 10%, be returned to TAXPAYERS. Then people would have an incentive to look for more waste and do more serious program cutting. I fear that the money would also be given to nontaxpayers which is a nonstarter for me. Best to put it towards the debt.

And/or fix social security.

Invest it in market feds keep dividend then issue checks. Influx raised market. Then mass sell off to right the ship

This is a good idea, but I would raise the amount to 50%, to get people on board the idea that cutting government spending makes a big difference to their bottom line.

Keith

Trump is talking right now, said possible 20% to taxpayers from Doge savings...rest for deficit....if that happens it may silence a lot of the whiners...

dumping money into the hands of citizens just creates more inflation. if they are going to give out 5000 dollar checks they should only go to people who paid in 5000 or more.

Crazy and inflationary just like the covid give away. Pay off the debt !

X5

I promise to pay off my debt. Is that good enough?

My question is what’s coming, they’re pushing this then there’s something else in the works.

X 6. Dumping that amount of cash into consumer’s hands at the same time will simply lead to more inflation. With only so many goods available to sell, everyone having more money to spend on those goods will drive up prices for everyone.

Exactly, better put your cash into assets so you can retain the value.

Use the money saved to go toward the national debt and to replace the funds that were stolen from Social Security because that is an unpaid debt too.

I think the savings would have to be in the 750 billion range to give every taxpayer a $5,000 refund. The savings would have to be about 15 to 20 percent of the Federal budget.

Dream big!