Summary
Economists are highly skeptical of Elon Musk’s proposed “DOGE dividends,” a $5,000 tax rebate plan linked to supposed government savings.
Musk claims Trump supports the idea, but experts argue it’s implausible, as neither he nor the president can simply create a tax rebate without Congress.
Harvard economist Jeffrey Frankel called it “beyond absurd,” while others warned that Musk’s cost-cutting approach could reduce government efficiency.
Additionally, issuing rebates could worsen national debt and raise interest rates. Economists agree: the plan is unrealistic and politically motivated rather than sound economic policy.