Today’s Boring Policy Number: 16%

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Remember all that stuff about how Donald Trump’s tax plan treats pass-through income? (Quick refresher here if you don’t.) Apparently the Tax Foundation gave up on getting a straight answer about how this works, so they’re now giving two estimates of the impact of Trump’s plan. If we assume he’s going to keep the low pass-through rate—the one that would benefit his own businesses—they figure his plan would create a whopping 215,000 new jobs per year over the next decade. And that’s with lots of dynamic scoring pixie dust sprinkled around.

In other words, I think we can safely say that Trump’s plan would create approximately zero jobs. However it would blow a huge hole in the deficit (about $6 trillion without pixie dust) and it would be a huge windfall for the rich, increasing their after-tax income by a whopping 16 percent. And make no mistake: unlike a lot of Donald Trump’s fanciful ideas, a Republican Congress would be delighted to pass something like this. And they’d do it in a way that couldn’t be stopped by a filibuster.

Once again, I get it. This is BORING. It’s policy stuff. Ugh. We really don’t want a bunch of dull numbers like this mucking up our beautiful front pages or our lovingly hand-crafted nightly news programs. That’s why I kept this post short.

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GREAT JOURNALISM, SLOW FUNDRAISING

Our team has been on fire lately—publishing sweeping, one-of-a-kind investigations, ambitious, groundbreaking projects, and even releasing “the holy shit documentary of the year.” And that’s on top of protecting free and fair elections and standing up to bullies and BS when others in the media don’t.

Yet, we just came up pretty short on our first big fundraising campaign since Mother Jones and the Center for Investigative Reporting joined forces.

So, two things:

1) If you value the journalism we do but haven’t pitched in over the last few months, please consider doing so now—we urgently need a lot of help to make up for lost ground.

2) If you’re not ready to donate but you’re interested enough in our work to be reading this, please consider signing up for our free Mother Jones Daily newsletter to get to know us and our reporting better. Maybe once you do, you’ll see it’s something worth supporting.

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