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Billionaire DOGE head Elon Musk said on X, formerly known as Twitter, he would ask President Donald Trump about a proposal for a “DOGE Dividend” that would give taxpayers a refund check of $5,000 funded by the savings from his Department of Government Efficiency.
Elon Musk listens as President Donald Trump meets with India’s Prime Minister Narendra Modi in the … [+]
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Key Facts
James Fishback, CEO of investment firm Azoria and reportedly an outside adviser to DOGE, pitched the idea of “a tax refund check to be sent after the expiration of DOGE in July 2026 funded exclusively with a portion of the total savings delivered by DOGE” on social media on Friday, and continued posting about it Tuesday, tagging Musk in a tweet about the proposal.
The proposal calls for 20% of DOGE’s targeted $2 trillion in savings to be returned to “the ~79 million tax-paying households,” which Fishback said would result in about a $5,000 return per household.
Musk responded to Fishback’s proposal, saying he “will check with the president.”
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