On Tuesday, Elon Musk showed interest in a proposal from James Fishback, CEO of Azoria, about an innovative idea called the “DOGE Dividend.” The plan suggests providing a $5,000 tax refund check to roughly 79 million American families, funded by a projected $2 trillion in savings from DOGE. Fishback argues that this dividend would not only compensate taxpayers for the misuse of their money but also help restore trust in governmental accountability.
Fishback’s argument is straightforward: the DOGE Dividend stands as a social contract between taxpayers and their government, offering a much-needed refund after uncovering significant waste. As Fishback states, “It’s high time for the federal government to refund money back to taxpayers.” This initiative isn’t just about receiving a check; it’s about encouraging fiscal responsibility and empowering citizens.
With daily savings estimated at around $1 billion from DOGE, the dividend could significantly boost economic activity, increase consumer spending, and assist those burdened by debt. While some have raised concerns about inflation, the fact remains that taxpayer money was misused, and citizens deserve a portion back. Musk found the idea compelling and mentioned he would discuss it with President Trump.
President Trump has already responded and announced on Wednesday during a speech in Miami at the Future Investment Initiative (FII) Institute that he is exploring the “DOGE Dividend” proposal. Trump stated, “[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 emphasized the incredible numbers involved, noting the billions in potential savings.
Trump elaborated on the idea, saying, “And pay down debt, which is, if you look at value, if it were a real estate balance sheet, the debt is tiny, but we still want to pay it down. Doesn’t matter. We don’t look at it as a piece of real estate. It’s America. We’re going to get it down through intelligence, hard work, and, as Elon said, a word called ‘caring.’ You have to care.”
Incorporating the public in this process, Trump added, “By doing this, Americans will tell us where there’s waste. They’ll be reporting it themselves. They participate in the process of saving money. So many of the men and women in this room, as an example, they pay tremendous amounts of taxes.” This approach could lead to greater transparency and accountability.
“[We are considering] a new concept where we give 20% of the DOGE savings to American citizens and 20% goes to paying down debt,” Trump stated. This announcement has sparked discussions across various political spectrums.
As expected, there is opposition from those on the political left regarding the “DOGE Dividend.” Ed Kilgore from New York Magazine criticized the proposal, pointing out that Fishback’s plan would distribute dividends only to households with net federal income tax liability. Kilgore noted that nearly half of U.S. households would not qualify due to low incomes and refundable tax credits.
Kilgore further argues that DOGE is generating savings by cutting programs that allegedly benefit low-income Americans, a claim that is contested by many. He suggests that those who don’t pay taxes should be the ones receiving checks, a stance met with skepticism. This view reflects a broader debate on who deserves tax refunds.
What are your thoughts on the DOGE dividend?
Trump is reportedly considering a “tax refund” of $5,000 dollars to Americans as DOGE is on track to cut government waste and fraud by 1 trillion dollars.
$1T divided by 200M tax payers is $5k per person. pic.twitter.com/594mF0jNSi
— Joe Rogan Experience Podcast Commentary (@JoeRoganCast) February 19, 2025
Traditionally, the left seems to advocate for tax cuts and refunds for individuals who do not pay taxes, a position that often clashes with conservative views. The idea that only tax-paying citizens should receive refunds appears offensive to some on the left. Ultimately, the controversy reveals deeper ideological divides.
The real issue for liberals, it seems, is that any form of a “DOGE Dividend” could potentially enhance public perception of DOGE. This is something the left may not want to see, as it could undermine their narrative. The ongoing debate highlights enduring tensions in fiscal policy discussions.
As discussions continue, it’s clear that the “DOGE Dividend” proposal has already sparked significant interest and debate. Supporters believe it could set a new precedent in taxpayer-government relations. Critics, however, remain unconvinced of its potential benefits.
While the proposal is still under consideration, it reflects a broader push for accountability and fiscal responsibility. Proponents argue that returning funds to taxpayers is a step in the right direction. The outcome of this proposal remains to be seen, but it’s undoubtedly a topic of great interest.
Darnell Thompkins is a Canadian-born American and conservative opinion writer who brings a unique perspective to political and cultural discussions. Passionate about traditional values and individual freedoms, Darnell’s commentary reflects his commitment to fostering meaningful dialogue. When he’s not writing, he enjoys watching hockey and celebrating the sport that connects his Canadian roots with his American journey.