Power and responsibility

These are extracts from John Major's Spectator lecture last night:

Letter: Taxing land

Christopher Huhne implies that the land-value tax is politically unacceptable (Letters, 23 June). Yet our present tax system is nothing more than fines and penalties for engaging in legal economic activity.

LRETTER : and pays

"Lure of the havens" (Business, 21 April) reports unprecedented interest in tax havens and tax avoidance, in anticipation of a Labour victory at the next election. Over the past three years, our campaign has made a number of submissions to the Labour Party, pointing out that a property tax on land values is proof against avoidance and evasion.

YOUR MONEY: HELP

GIVEN that problems often arise, many people hand it all over to the experts.

Letter: Four formulae for public sector performance

From Professor Eric Caines

Rare cover

Chubb Insurance Company and Sun Alliance have launched Masterpiece, a home and contents insurance policy targeted at wealthy clients with rare and valuable possessions or houses. The policy includes a survey of a client's property. Call 071-957 4900 for details.

Options: Choices for the sudden householder

I have inherited a house and don't know what to do with it.

The Westminster Scandal: Questions led to 'spiel' over a flat: The Buyer

COLLEEN NOMURA first realised she was being 'selected' when she filled out her application for Westminster's Home Ownership Scheme.

Letter: Tax land values not income

THAT THE Government is losing revenue through loopholes in the tax system is only to be expected, given that it is based on the taxation of 'income' and 'earnings', which are concepts that defy firm definition ('Ingenious but legal - the advisers on tax avoidance', 19 December).

Letter: The cost of burglary

Sir: I am sickened by the latest IRA bombing of the City and I have every sympathy with the companies that have been affected by it.

Travel: Sizing up Brittany Ferries

DO we want jumbo ferries, was the question asked by readers in this column on 6 February. John Churchill of East Sussex said that he never seemed able to find a place to sit in the new Brittany Ferries super ships.

Debt settled

ATHENS (Reuter) - Former King Constantine has settled his property-tax debt with Greece by paying dollars 2.5m (pounds 1.7m), finance ministry officials said. The taxes were owed since Constantine fled the country in 1967.

Straw condemns monarchy as deeply decadent

THE MONARCHY was a 'deeply decadent' system financed by the taxpayer, Jack Straw, Labour's environment spokesman, said in an interview for today's issue of Tribune.
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