You Might Not Make Enough Money To Get Musk’s Potential DOGE Dividend Check: Here’s the Salary Cutoff
From Yahoo Finance: 2025-03-28 07:01:00
Investment manager James Fishback proposed the idea of a “DOGE dividend” tax refund check, with support from both Elon Musk and President Donald Trump. However, the tax rebate would only go to households paying net-positive taxes, excluding lower earners who often collect more in tax credits than they pay. (Word count: 46)
While some experts argue that distributing DOGE dividends could lead to inflation by increasing spending, others believe taxpaying households would save, invest, or pay down debts. The impact of additional stimulus checks on inflation remains a topic of debate among financial experts. (Word count: 45)
Financial experts are divided on the likelihood of DOGE dividends being distributed to U.S. taxpayers. Some believe it’s unlikely due to the financial deficit, while others suggest the Trump Administration needs early wins to build momentum. Regardless, Americans are advised not to loosen their budgets based on speculative proposals. (Word count: 49)
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