DOGE Dividend: Donald Trump plans to share $55 billion with direct payments of $5,000 to every taxpayer
- Posted on February 20, 2025
- By Business News Today
- 4 Views
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DOGE Dividend: Donald Trump plans to share $55 billion with direct payments of $5,000 to every taxpayer
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DOGE Dividend: President Donald Trump is weighing a proposal that could see tax-paying Americans receive a one-time $5,000 payout from savings identified by Elon Musks Department of Government Efficiency (DOGE). The idea, championed by businessman James Fishback, suggests redistributing 20% of DOGEs projected $2 trillion savings while using another 20% to reduce national debt. However, concerns over feasibility, transparency, and potential conflicts of interest have raised questions about whether this ambitious plan will ever materialise.