Unverified versions are circulating about a possible “DOGE Dividend”, linked to the Department of Government Efficiency (DOGE). Originally conceived as a $2 trillion fund, the proposal was scaled down first to $2 trillion and then to $150 billion. Some expected more achievements from DOGE, but hey, you can’t have everything in America.
James Fishback, an associate investor, suggests that the dividend only be given to net-tax-positive households, which would exclude the bottom 50% of taxpayers. Elon Musk and Donald Trump have mentioned the initiative, but have not offered concrete details.
Uncertainty and criticism of the DOGE Dividend: new stimulus checks coming?
Elon Musk’s continued involvement in DOGE is uncertain, and his departure would call the project’s viability into question. Some experts criticize the lack of redistributive impact and question its fiscal sustainability.
“With the current deficit, giving away money doesn’t make financial sense,” warned Joseph Camberato of National Business Capital. Furthermore, the proposal does not have legislative support and generates skepticism for focusing exclusively on net taxpayers.
Users on social networks also speculate about a possible double stimulus payment of $1,550 scheduled for May 2025. This measure would seek to offset the impact of inflation and tariff policies. As of now, there is no official confirmation from the IRS or the Social Security Administration (SSA), while the White House also remains in silence about this and that DOGE idea.
Who would qualify for DOGE dividend stimulus payments?
Preliminary reports indicate that payments could prioritize older adults, families in critical economic situations and people with gross annual incomes of less than $75,000 (singles) or $150,000 (couples).
It is speculated that the beneficiaries should be citizens or permanent residents, with updated tax returns. However, the parameters could be modified.
Lawmakers consulted by Elmira and other news outlets have not confirmed negotiations. “Check official sources before assuming the arrival,” warned one analyst we spoke to. Uncertainty persists in communities affected by high housing and food prices.
In parallel to this, Donald Trump promised to eliminate the federal overtime and tipos taxes, a measure that generates skepticism. Analysts remember that similar initiatives failed due to budget limits.
According to the Tax Foundation, it would exclude workers with more tax credits than tax obligations. “It is a promise without a clear financial basis,” commented one economist.
We Americans already have mixed experiences with the pandemic stimulus checks (2020-2021), since, although they helped millions of citizens in difficult times in the country, they raised the prices of durable goods by 9%, according to the Fed.
Aaron Razon of CouponSnake warns that new stimulus, even smaller, could reactivate inflation: “Injecting money has mixed effects.” Joseph Camberato agrees: “We saw the effect during the pandemic. There would be risks.”
