15% of rents collected fund the royal family. The rest goes to the UK treasury

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Mar 7, 2021
8:21:02pm

dratax All-American

15% of rents collected fund the royal family. The rest goes to the UK treasury

That leaves them with an effective tax rate of 85%

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dratax

Bio page: dratax
Joined: Mar 31, 2004
Last login: Apr 29, 2024
Total posts: 8,493 (19 FO)

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Messages

Author

Time

Prince Harry marrying Meghan Markle = you knew what I was when you picked me up

runitup590

3/7/21 7:55pm

Flip the names and the same thing is true. What heroes.

runitup590

3/7/21 7:57pm

Prince Meghan marrying Harry Markle? doesn't seem to work.

yahtzee

3/7/21 9:59pm

I applaud Harry & Megan for ditching the royal life. Such a soap opera & waste

BlooCoog

3/7/21 8:02pm

Do they actually make the country more than they cost? And if so, how is that a

3/7/21 8:04pm

Because the $$$ could be used for better causes, like fighting poverty. It is a

BlooCoog

3/7/21 8:05pm

But if the premise is true (and I have no idea if it is) then they could put the

3/7/21 8:09pm

You applaud them for leaving, but they are cashing in on the fame being in

LifeLongLakerFan

3/7/21 8:04pm

How does the royal family generate money? I’d never heard that before.

3/7/21 8:06pm

tourism

ayfan

3/7/21 8:07pm

Royal family is a huge tourist attraction. Big media stars. Princess Diana died

BlooCoog

3/7/21 8:09pm

I don’t know how true it is, but they said that the royal family pays for itself

Richardo

3/7/21 8:09pm

The mail boxes have Elizabeth’s name in the metalwork. The cost to change those rest with the royal family

3/7/21 8:13pm

They own inherited assets of 88 Billion. 15% of rents collected fund the royals

dratax

3/7/21 8:17pm

The own massive amounts of property.

vegasnative

3/7/21 9:49pm

You do realize that most of their estates are actually their private property.

Blue Print

3/7/21 8:10pm

Royal family costs English taxpayers around $90 million per year. It is joke

BlooCoog

3/7/21 8:16pm

15% of rents collected fund the royal family. The rest goes to the UK treasury

dratax

3/7/21 8:21pm

Cheaper than what we spend on the President each year moving him around.

Blue Print

3/7/21 8:27pm

But that’s the actual president. He’s not a ceremonial figure. He actually does

BlooCoog

3/7/21 8:33pm

And that’s the root of your misunderstanding.

Blue Print

3/7/21 8:45pm

They carry virtually no power in any major branch of government. They are

BlooCoog

3/7/21 9:08pm

You don’t know what you’re taking about.

Blue Print

3/7/21 9:49pm

And in return they live on 15-25% of rents received from property they own.

dratax

3/8/21 8:55am

They’re cashing in on being a royal without any of the responsibility or service. They’re selfish weirdos like most

3/7/21 8:15pm

Exactly.

Blue Print

3/7/21 8:19pm

They left to make more money, they weren’t going to be supported to the extent

califcougar

3/7/21 8:41pm

They initiated it thinking they'd be able to still market themselves as royals.

bald man

3/8/21 6:09am

Celebrities complaining about other celebrities.

HuskerFan2

3/7/21 8:32pm

Except that story wasn't told by Boyd K. Packer

AZ Coug

3/7/21 11:22pm

i could swear i watched a seminary video with Packer telling that story.

yahtzee

3/8/21 12:26am

RE: Except that story wasn't told by Boyd K. Packer

AZ Coug

3/8/21 10:01am

hmmm. Mandela effect

yahtzee

3/8/21 10:40am

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