Elon Musk is stirring up some serious buzz with his new *D.O.G.E Dividend Plan*. Proposed by *James Fishback*, CEO of *Azoria*, this plan suggests that *20% of savings from the Department of Government Efficiency (D.O.G.E.)* should go directly to *US citizens*, with another *20% directed towards paying off the national debt*. Sounds good, right? But there's a catch... đ€
*Who Won't Qualify for the Dividend Checks? đ€·ââïž*
While the idea sounds promising, not everyone will benefit from this plan. According to *Pew Research Center*, most Americans who earn *under 40,000* don't pay *federal taxes* after refunds and credits. So, these lower-income Americans may *miss out* on receiving the *dividend checks*. đđž
*Why Is This Plan Controversial? đ€*
Itâs not all smooth sailing for Muskâs plan. *Economist Mark Zandi* and *House Speaker Mike Johnson* have voiced their concerns. Mark pointed out that *D.O.G.E hasn't proven* it can save substantial money, making the *savings target* a bit uncertain. On the other hand, Mike emphasized the importance of *fiscal responsibility*, especially when dealing with a *federal debt* of *36 trillion*. đłđ
*Whatâs the Potential Impact of This Plan? đ€*
If *D.O.G.E* manages to save *2 trillion*, then *79 million American households* paying taxes could potentially get around *5,000 each*. However, if the savings fall short of that target, the checks will be *smaller*. đ đ”
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*The Big Picture* đ
The *D.O.G.E Dividend Plan* has its supporters, but also its fair share of critics. The impact on *low-income Americans* remains a big question mark, and thereâs no certainty about how much money the program could save or how it will affect the economy in the long term. đ€
As the debate continues, one thing is clear: *Muskâs plan could shake up the system*, but *whether it will be a game-changer* for everyone, especially those in lower-income brackets, is still up in the air. đȘïž
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