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[-] Emperor@feddit.uk 21 points 1 year ago

I think that high-pitched whistling noise might be a sign my piss is boiling.

Take it away Lord Turnbull:

Lord Turnbull, a former cabinet secretary, Whitehall’s most senior civil servant, who was involved in official discussions over royal financing, accused the Treasury of seeking to obfuscate how the monarchy was funded.

He said that linking the royal finances to the profits of the crown estate was “silly” and was motivated by a desire to promote the idea that the king was paying for himself and was reducing the burden on the taxpayer.

“You get people writing in saying: ‘Isn’t it a good thing that the king is so sensitive to public opinion that he has waived some of the money he could have had?’ I think it’s bollocks. It is deliberate – that’s really what makes me so cross about it. It is a deliberate attempt to obfuscate how the thing works.”

[-] Syldon@feddit.uk 20 points 1 year ago

I guess the Bank of England doesn't think this will exacerbate inflation.

[-] thehatfox@lemmy.world 29 points 1 year ago

Perhaps our train drivers and doctors should just retrain to be royalty instead.

The UK’s attitude to the monarchy is as tone deaf as ever.

[-] anteaters@feddit.de 15 points 1 year ago

That's nice of them. They take good care of their aging king who is surely not fit for employment.

[-] reddig33@lemmy.world 8 points 1 year ago

Is this what they meant when they said Brexit would increase wages?

[-] Electricorchestra@lemmy.ml 5 points 1 year ago

Everything is sp bloody expensive now he probably needs it.

[-] youessbee@feddit.uk 6 points 1 year ago

His Tesco bills just keep soaring.

[-] Facelikeapotato@lemmy.ml 5 points 1 year ago

Oh, how nice for him. I switched from name brand olive oil spread to generic table spread in 1kg tubs.

[-] nonearther@lemmy.ml 4 points 1 year ago

Leave the old chap alone.

He has been unemployed his whole life. He deserves some money, after living such deprived life.

[-] rayquetzalcoatl@feddit.uk 3 points 1 year ago* (last edited 1 year ago)

I support this fully, as long as he uses our money to go to Switzerland and do us all a favour. Get a job you fucking leech, the rest of us have to.

[-] FatLegTed@feddit.uk 1 points 1 year ago

He'll be able to afford a new pen and some more socks now then.

Poor old sod.

[-] HumanPenguin@feddit.uk -5 points 1 year ago

Just to be clear the royal grant is a portion of the profits from the crown estates. That the gov earns about 350m a year. So the taxpayers this comes from is technically themselves.

[-] G4Z@feddit.uk 15 points 1 year ago

No it's not though because they don't own the crown estates, the public own that and give them a portion of the earnings.

Everything they have comes from us, they didn't earn any of it, it's all just stolen wealth and unitaxed inheritance.

[-] HumanPenguin@feddit.uk 1 points 1 year ago

No in the rather odd example you invent.mit would be paid for by the company owning the car. And if that money is given to you. It would be classed as your wages.

But the point is. It would not be considered to come from the tax payer.

Because any minimal research into the Crown estates makes it clear. They are not in any way shape or form. Owned by the tax payer. Nor have they ever been.

At all poi ts in history the Crown has kept its own income separate from national income. (Ie taxes).

When the us revolution happened the king funded it. And went bankrupt.

Because unlike now. The Crown funded war. Not parliment then. So the king made a deal. All income from the Crown estates. Was to go to parliment. In exchange for the royal grant.

Parliment knew at the time that long term this would be a huge benifit. Now it is.

It is freaking petty and wrong to claim it is tax payer money. It is basically they Crown paying less then 100% tax on there company earnings.

[-] Skua@kbin.social 2 points 1 year ago

I assume this was meant to be a reply to my comment. I'm not sure what's odd about the example, and it's hardly strange to "invent" an analogy. A party has control of an asset via the position they hold, they sell the rights to use and profit from that asset to a second party in exchange for financial compensation. That's the deal. The monarch doesn't have the rights to the profits of the Estate because the Treasury has the rights to it under the existing legislation.

The Estate was established 16 years before the American revolution with the Civil List Act 1760. That the monarch used to fund wars is entirely irrelevant to who has the rights now.

The Estate is also explicitly not the monarch's private property. It's a perk of the most overpaid and intentionally nepotistic civil service position in the country. Far from petty, I'd say it's only right to question that

[-] HumanPenguin@feddit.uk -1 points 1 year ago

The Crown owns the Crown estates. It was never tax payer funded. The Crown has kept its income separate from the national income all through history.

As for tax free. Since the US revolution. The Crown has given the income to the government. Somits pretty much a 75% tax rate for most of that time. Def higher then engine else was paying at the time.

Simple research into the history of the Crown estates makes it clear it dosenot in any way shape or form belong to the tax payer.

[-] G4Z@feddit.uk 3 points 1 year ago

The Crown owns the Crown estates. It was never tax payer funded

The state (aka us) owns the crown, the crown is not owned by the monarch.

As for tax free. Since the US revolution. The Crown has given the income to the government.

You mean our assets have paid money to the monarchy as part of a centuries old deal to pay for the last Charlie boys debts. Fuck that, I don't see we have to keep one family in a state of perpetual luxury because of that.

Simple research into the history of the Crown estates makes it clear it dosenot in any way shape or form belong to the tax payer.

No, simple research shows that it does in fact belong to us. I'd love to see your source mate.

Can Charlie sell any of it? Can he put it in his will? Can he even make renovations? No, well he doesn't own it does he.

[-] Skua@kbin.social 1 points 1 year ago

If I sign a contract with you to let you use my car as a taxi in exchange for a set amount of money, an increase in the amount of money I get from the deal is not being paid for by me. Especially not when the car is actually a company car.

[-] FatLegTed@feddit.uk 1 points 1 year ago

£350 million?

That would look good on the side of a bus 🤔

this post was submitted on 20 Jul 2023
72 points (96.2% liked)

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