oggbashan
Dying Truth seeker
- Joined
- Jul 3, 2002
- Posts
- 56,017
King George III agreed with parliament to transfer the profits of the Royal Estates, his personal lands etc, to the government in exchange for clearing his debts and being given an allowance for the maintenance of his palaces, staff etc. Subsequent monarchs including the Queen have continued the practice.
Currently, the government gets £200 million a year from those profits and grants Her Majesty £40 million for her expenses. That means the country profits £160 million pounds a year from our Head of State. That works out at about £2.63 per head of population profit.
How much does a President of a republic cost (not including all the monies extorted by unscrupulous ones)?
The £160 million does not include the secondary profits from tourism drawn by Her Majesty's events and estates.
So we in the UK have the cheapest head of state in the world.
Currently, the government gets £200 million a year from those profits and grants Her Majesty £40 million for her expenses. That means the country profits £160 million pounds a year from our Head of State. That works out at about £2.63 per head of population profit.
How much does a President of a republic cost (not including all the monies extorted by unscrupulous ones)?
The £160 million does not include the secondary profits from tourism drawn by Her Majesty's events and estates.
So we in the UK have the cheapest head of state in the world.
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