God Save the King

Pak_Doo_Ik said:
Go on then I’ll have a little bite.

If you got rid of the Royal family tomorrow and sold off every one of their assets, how much, per week would I be better off?
Click to expand...
Sorry meant to add I’m a 20% tax payer if that makes the maths easier
 
Pak_Doo_Ik said:
Sorry meant to add I’m a 20% tax payer if that makes the maths easier
Click to expand...
Not really about the cost to individuals is it though? £68m might not be much when it comes to the public finances, but it could still do a lot of good spent elsewhere.

Particularly during a cost of living crisis and during a period where successive Tory governments have cut public services to the bone because "we can't afford it" etc.

If we need to cut public spending it should be top of the list.
 
Pak_Doo_Ik said:
Go on then I’ll have a little bite.

If you got rid of the Royal family tomorrow and sold off every one of their assets, how much, per week would I be better off?
Click to expand...
It’s impossible to tell because of the secrecy around them. What we do know is:

- the ‘official’ figures for the cost of the royals miss a large number of costs such as security, most travel and entertainment, opportunity cost in removal of wealth from crown estate which is not exactly theirs, ‘legal’ tax avoidance, etc
- the general estimates are 1.8b in assets
- inheritance tax on 1.8b is 700mish
- it’s expected that the 1.8b is significantly less than reality. They are believed to be the biggest land owner on the planet and make use of many offshore schemes to hide their wealth and ownership of assets, as proven by the Panama papers.
- the figures usually quoted on the cost per person are based on number of adults but, there are millions that don’t work/earn and if you earn above average you pay more
- remember this is every year. The estimated cost by republic is (and they admit it’s likely to more, not less) is £345m. I’m in my 50s, in my life they have cost ~18billion…for one feckin family! That can’t be justified by anyone. EIGHTEEN BILLION roughly!
 
festa5 said:
Not really about the cost to individuals is it though? £68m might not be much when it comes to the public finances, but it could still do a lot of good spent elsewhere.

Particularly during a cost of living crisis and during a period where successive Tory governments have cut public services to the bone because "we can't afford it" etc.

If we need to cut public spending it should be top of the list.
Click to expand...
Mmmm I think it really is about the cost to the individual to be honest
 
BoroMart said:
It’s impossible to tell because of the secrecy around them. What we do know is:

- the ‘official’ figures for the cost of the royals miss a large number of costs such as security, most travel and entertainment, opportunity cost in removal of wealth from crown estate which is not exactly theirs, ‘legal’ tax avoidance, etc
- the general estimates are 1.8b in assets
- inheritance tax on 1.8b is 700mish
- it’s expected that the 1.8b is significantly less than reality. They are believed to be the biggest land owner on the planet and make use of many offshore schemes to hide their wealth and ownership of assets, as proven by the Panama papers.
- the figures usually quoted on the cost per person are based on number of adults but, there are millions that don’t work/earn and if you earn above average you pay more
- remember this is every year. The estimated cost by republic is (and they admit it’s likely to more, not less) is £345m. I’m in my 50s, in my life they have cost ~18billion…for one feckin family! That can’t be justified by anyone. EIGHTEEN BILLION roughly!
Click to expand...
So if you get rid of it all tomorrow 18 billion pounds will be put in to the treasury???
 
You must log in or register to reply here.
Back
Top