John T. Reed’s news blog

I mentioned last week that my brother-in-law died on 10/11. He owned a triplex in the Porter Square area of Somerville MA (44 Elm Street). It is now for sale..I never owned it. My wife owns it now. But I have been very impressed with the Realtors Sara Rosenfeld and Karen Morgan of Coldwell Banker so I thought I would give them a plug. I have also been very impressed with their marketing. Here are links to their floor plan and photos and brochure about the property.44_Elm_Somerville.pdf floorplan.https://get.google.com/…/AF1QipOv1W1a_G-CgIhQgbP2iq0L10kfVp….Because this is one of the most educated markets in the world—near Harvard,...

I just wanted to let you know how much I enjoyed The Unelected President, which I finally read this past week. I couldn't put it down! And given what's going on in Ukraine right now, I probably couldn't have picked a more relevant time to read it. I find myself thinking "What Would Medlock Do?" Kenneth Goldman.I'm enjoying your novel. To be honest I put off getting it because I wasn't sure that your nonfiction style would translate well to fiction. But I'm about 150 pages in and enjoying the story. It is well written and thought provoking. And more humor than...

The Unelected President Mike Medlock says his head tax is flatter than the Flat Tax and fairer than the Fair Tax. He also notes that the head tax has no tax return at all compared to the postcard-sized return touted by others. With the head tax, all the government need to know is the date you were born and the date you died. The people decide how much tax they will pay Also, the amount of the head tax would be decided by the people annually in a binding national referendum. It is extremely crucial that the people vote for...

I say progressive income tax is nothing but a Fabian socialist euphemism for the Marxist principle “from each according to their ability.” It is not my opinion. It is logic and the fact that words have definitions..I also say that the progressive income tax is theft under color of law. The correct tax was in the original Constitution before the 16th Amendment (which allowed the income tax that the Supreme Court previously said was unconstitutional). You divide federal spending by the adult population and each person pays an equal share. .To the extent that the government takes more than that...

I said releasing tax returns of a billionaire is probably a bad idea because the public can’t understand them and you opponent will spin them against you.It’s worse than I thought. I said if he did not pay taxes for one or more year, it’s probably because of loss carry-forwards. It now seems that is the case.But we are now talking about him “exploiting,” “taking advantage of,” and “fixing” that “loophole.”What!?If you lose more money than you took in in one tax year, you are allowed to deduct the excess loss the following year. Actually, I believe the law says something...