Musk Mulls Offering US Taxpayers 'DOGE Dividends'
Elon Musk has announced plans to speak with US President Donald Trump about the possibility of utilizing DOGE savings for refunds. Read Full Article at RT.com.
TroibNews 
The billionaire has expressed his intention to discuss the possibility of refunding taxpayers using funds saved from departmental cuts with President Donald Trump.
Elon Musk, head of the Department of Government Efficiency (DOGE), has proposed that savings from federal spending cuts could result in a significant one-time refund for all U.S. taxpayers. Since Donald Trump’s inauguration on January 20, DOGE has been actively auditing budgets and spending while also implementing job cuts across various federal agencies as part of a goal to decrease government spending by $2 trillion by 2026.
In a Tuesday post on X, James Fishback, CEO and co-founder of Azoria, presented the idea of making DOGE tangible for millions of Americans by distributing a fraction of the savings as "DOGE dividends."
Under this concept, approximately 20% of the total savings, or around $400 billion, would be returned as tax refunds to U.S. taxpayers, while the remaining 80% would go towards reducing the national debt, which exceeds $36 trillion.
Fishback estimated that there are currently 79 million tax-paying households in the U.S., suggesting each household could receive about $5,000 if the proposal is enacted. He argued that these DOGE dividends would serve as compensation for what he characterized as the “egregious misuse and abuse” of taxpayers’ money that DOGE has revealed and would encourage individuals to report further instances of waste and fraud.
Furthermore, Fishback contended that the initiative could help rebuild trust between taxpayers and the government, ultimately enhancing “tax morale.”
Musk responded to Fishback’s suggestion by stating on X that he would “check with the president” regarding the plan.
On the same day, DOGE published its first savings report, claiming an estimated $55 billion in savings attributed to its cost-cutting measures. Over recent weeks, the department has targeted several federal agencies, identifying areas of waste, fraud, error, and redundancies that were incurring costs. Earlier this month, DOGE revealed that it had saved over $1 billion by terminating more than 100 contracts related to diversity, equity, and inclusion initiatives.
Sophie Wagner contributed to this report for TROIB News
Elon Musk, head of the Department of Government Efficiency (DOGE), has proposed that savings from federal spending cuts could result in a significant one-time refund for all U.S. taxpayers. Since Donald Trump’s inauguration on January 20, DOGE has been actively auditing budgets and spending while also implementing job cuts across various federal agencies as part of a goal to decrease government spending by $2 trillion by 2026.
In a Tuesday post on X, James Fishback, CEO and co-founder of Azoria, presented the idea of making DOGE tangible for millions of Americans by distributing a fraction of the savings as "DOGE dividends."
Under this concept, approximately 20% of the total savings, or around $400 billion, would be returned as tax refunds to U.S. taxpayers, while the remaining 80% would go towards reducing the national debt, which exceeds $36 trillion.
Fishback estimated that there are currently 79 million tax-paying households in the U.S., suggesting each household could receive about $5,000 if the proposal is enacted. He argued that these DOGE dividends would serve as compensation for what he characterized as the “egregious misuse and abuse” of taxpayers’ money that DOGE has revealed and would encourage individuals to report further instances of waste and fraud.
Furthermore, Fishback contended that the initiative could help rebuild trust between taxpayers and the government, ultimately enhancing “tax morale.”
Musk responded to Fishback’s suggestion by stating on X that he would “check with the president” regarding the plan.
On the same day, DOGE published its first savings report, claiming an estimated $55 billion in savings attributed to its cost-cutting measures. Over recent weeks, the department has targeted several federal agencies, identifying areas of waste, fraud, error, and redundancies that were incurring costs. Earlier this month, DOGE revealed that it had saved over $1 billion by terminating more than 100 contracts related to diversity, equity, and inclusion initiatives.
Sophie Wagner contributed to this report for TROIB News
