October 21, 2019

$50 Million Is Chump Change

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Just to be clear, I’m not a fan of Elizabeth Warren’s wealth tax. It introduces needless problems and accomplishes nothing that other, more conventional taxes can’t also accomplish. But then I come across something like this:

And now I hope Warren wins and makes the wealth tax a centerpiece of her campaign. Why? Just to watch Republicans fall all over themselves explaining to America that in their world $50 million is sort of chump change. I would very much like to see that.

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WE'LL BE BLUNT

We need to start raising significantly more in donations from our online community of readers, especially from those who read Mother Jones regularly but have never decided to pitch in because you figured others always will. We also need long-time and new donors, everyone, to keep showing up for us.

In "It's Not a Crisis. This Is the New Normal," we explain, as matter-of-factly as we can, what exactly our finances look like, how brutal it is to sustain quality journalism right now, what makes Mother Jones different than most of the news out there, and why support from readers is the only thing that keeps us going. Despite the challenges, we're optimistic we can increase the share of online readers who decide to donate—starting with hitting an ambitious $300,000 goal in just three weeks to make sure we can finish our fiscal year break-even in the coming months.

Please learn more about how Mother Jones works and our 47-year history of doing nonprofit journalism that you don't elsewhere—and help us do it with a donation if you can. We've already cut expenses and hitting our online goal is critical right now.

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