15 FEBRUARY 1913, Page 15

TAXING BUILDERS' PROFITS.

[To Tug EDITOR OF THE " SPECTATOR."] SIR,—In your issue of February 1st I notice a letter referring to the way in which the Chancellor of the Exchequer has behaved with regard to the land taxes, but from the cutting which I enclose it appears that he has gone a little too far.

and that builders are finding ways to prevent their profits

being overcharged.—I am, Sir, &c., J. M.