Soldato
If the reports are true that William doesn't want George to serve in the armed forces, then unless there is some national attack and the royals lead the defense, I think the Monarchy is on the way out.
plans to boost public funding of the monarchy by 45% from 2025.
- Thread starter Mrwong
- Start date
Soldato
When pay rises for the plebs are discussed: "absolutely not, that will drive inflation! Real terms pay cuts only! Enjoy your prepay meter and repossession lol"
When it's the king:
"Yes bae don't worry about it 45% min, here's some gold <333"
Absolutely shafted mate.
When it's the king:
"Yes bae don't worry about it 45% min, here's some gold <333"
Absolutely shafted mate.
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One can only hope.
Man of Honour
There is no pay rise. It's disinformation. You fell for it.
The monarch pays 75% income tax on the majority of their income, income which comes from businesses and other assets they inherited. The profit from those businesses has increased ~45%, mostly due to windfarms being very good political publicity and therefore very profitable.
If you think 75% income tax on income from inherited assets isn't enough taxation, OK. That's a political position. But it doesn't only apply to one person. And an increase in a business' profits is not a pay rise. It's misleading to portray it as one.
Caporegime
I think some people massively underestimate how good the monarchy is for this country and how large a part it plays in peoples desire to come to England from a tourist perspective. You can get rid of the monarchy but the family would keep all of the assets that are theirs and you will probably find that they contribute far less to the country and we will get little in benefit.
Wouldn't get in anyway being a white male.
The Guardian report does not tally with what Sky are reporting
King Charles to receive huge pay rise from UK taxpayers
Details published by Treasury show royal family’s grant is expected to increase from £86m to £125m in 2025
amp.theguardian.com
Sovereign Grant changed after Crown Estate sees profits surge
The reduction follows a review by Royal Trustees including Prime Minister Rishi Sunak and Chancellor Jeremy Hunt - and at a time when the rest of the public is feeling the pressure of rising energy bills and soaring living costs.
news.sky.com
Sky News said:
BTW That's an effective tax rate of 88%.
Soldato
Ah, no, you see those properties rightfully belong to the state/taxpayers (or otherwise referred to as "the crown" in the UK for historical reasons) rather than whichever specific individual happens to sit on the throne as a prize for a bizarre game of "who came out of the nation's best uterus". So really you fell for it.
Man of Honour
The idea, of course, is that the government seizes all their assets by force.
Then sells those assets very cheaply to businesses that run them into the ground in order to extract money at maximum margins while certainly not paying 75% tax. Probably not paying any tax at all. When the assets have been ruined by asset-stripping margin-hunting money extraction, the government will force the country to pay for them again and to pay to undo all the damage that has been done. That's obviously so much better for the country than the owners of the assets paying 75% tax to the country.
We know that's what would happen because it's what happened with everything else. It's the whole purpose of privatisation - to move as much money as possible from as many people as possible to businesses and thence to as few people as possible and as much power as possible from voters to businesses (and thence to the same few people).
As well as that, the expenses of having a head of state come from the remaining 25%. With a different head of state (there would still have to be a head of state) the expenses would come from public money.
Man of Honour
So you're up for seizing inherited wealth by force, but only for families you look down on.
Soldato
No I'm for possessions that were obtained by leveraging the state from the top to belong to it.
Hang on a minute. I agree. But. Aren't you French, or have allegencies?The issue I see is that there shouldn't be a monarchy that people pay for
Guards!
That's what the monarchy did a few hundred years ago.
It would good to trace who owned what before the monarchy stole it, some people might even be surprised.
The elite make it difficult to accumulate wealth for workers. However , these days the information is freely available, so they are making the process more difficult or costly..
Man of Honour
Bring on the guillotine.Guilty... I'm a dirty left leaning antimonarch! Bring on the riots and the revolution!
Associate
They bring in far more money via tourism and the like, than they cost.The issue I see is that there shouldn't be a monarchy that people pay for