Tech billionaire Elon Musk is considering paying $5,000 in “dividends” in the form of tax refunds to American households, using DOGE savings he has yet to prove exist.
The plan, which Musk responded to in a post on X Tuesday, was quickly mocked by critics on social media as way “premature.”
One called the shaky offer an attempt to make the public “complicit in destroying our own government and country.”
It’s unclear if Musk’s Department of Government Efficiency will ever have any “dividends” or if it will ultimately make any real inroads in the federal government’s costs, given its crippling $36 trillion debt, and the massive $4.5 trillion tax cut Republicans are now considering.
The entire annual budget for United States Agency for International Development (USAID), which Musk shuttered through DOGE, was a fraction of the possible future annual tax cut alone.
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Elon Musk weighs $5k ‘dividends’ for Americans with DOGE savings he has yet to prove
- by: Mary Papenfuss
- 2025-02-19
- Source:
Yahoo
- 02/19/2025
