DOGE Dividend Payments (Image Credits: X / Twitter)
“The figures are astounding, Elon. So many millions, billions — hundreds of billions. We’re exploring the idea of giving 20% back to the American citizens, and 20% towards repaying our debt,” Trump mentioned during his speech.
What Is a DOGE Dividend Check?
James Fishback, CEO of Azoria Investment Firm, was the first to introduce the concept of the “DOGE dividend” on Musk’s social media platform X, suggesting that Musk and Trump should announce a ‘DOGE Dividend’ — a tax refund check for every taxpayer, funded solely by a portion of the total savings generated by DOGE. Musk responded, “Will check with the President.”
Eligibility
Under Fishback’s proposal, the payout would be limited to individuals whose incomes exceed a designated threshold, contrasting with the “indiscriminate” checks issued during the pandemic.
Reports suggest that lower-income Americans would not qualify for the refund, and the potential reimbursement would be restricted to households that are net-income taxpayers—those who pay more in taxes than they receive back.
Initially, DOGE was designed to achieve annual savings of up to $2 trillion. While this figure has yet to be verified, DOGE claims to have already accomplished $55 billion in government savings.