I often hear a lot of British people saying “Whats the point of the Queen, why does she deserve my heard earned money when i didn’t elect her?” Hopefully with this Blog post i will be able to explain why in actual fact the British Monarchy is a lot more beneficial then you think. With Her Majesty’s Diamond Jubilee coming up it really does make this Blog post all the more relevant.
So just how much does the Royal Family cost to maintain, the answer, £40 million, that is about 65 pence per person, per year of tax money going to the Royal’s. Hardly anything really isn’t it? But maybe you are still annoyed, i mean after all this is your money still. Well let’s discuss why the Royal Family gets 65 pence of your tax money per year first. It begins with King George III, who was having problems actually paying his bills and over time had got himself into debt. While he did own huge tracts of land, the profit from their rental was too small to cover his expenses. He offered a deal to parliament: for the rest of his life he would surrender the profits from the rents on his land in exchange for getting a fixed annual salary and having his debts removed. Parliament took him up on the deal, guessing that the profits from the rents would pay off long-term.
So how did the above deal effect the Parliament of today? Well let’s compare their profits and losses. The cost to maintain the royal family today is £40 million pounds per year as we mentioned before. But the revenue paid to the UK from the Royal lands is 200 million. So £200 million in revenue subtract £40 million in salary costs equals £160 million pounds in profit. That’s right: The Great Britain earns 160 million pounds in profit, every year from the Royal Family.
So stop all your moaning about the Royal family and how much they cost and how worthless they are. The Royal Family is Great for Great Britain.
Doing the individual’s math again: £160 million pounds divided by 62 million people is about £2.60 per person. So Because of the Royal Family, your taxes are actually £2.60 cheaper each year than they would otherwise be.
But perhaps that’s not enough for you because you’re a greedy bastard? Why not kick they royals out and keep 100% of the revenue? Well.. King George III wasn’t the only Monarch of Great Britain to give up the profits of his land, in fact every Monarch since King George the third has voluntarily turned over the profits from their land to the Great Britain. Again: Voluntarily.
If the government stopped paying the Royal Family’s living and state expenses the Royals would be forced to take back the profits from their land. And your taxes, dear Monarchy-haters, would go UP not DOWN.
Plus 160 million is just the easily measurable money the United Kingdom makes from the royal family. We are still forgetting one very important thing that the Royals add to Great Britain.. TOURISM!
Tourists dump buckets of £££ on Great Britain each and every year!! Sure not everything they come to see is royal, but the most expensive stuff is. And who are the biggest spenders? The Yanks. Americans fly across an ocean to see a land filled with Castles that aren’t plastic. But sure why don’t Americans just visit France and Germany, i mean they still have Castles right? Well because Because real monarchs still use the Castles here in Great Britain!!
The tower of London is so stunning to visitors because the Royal Crest on the Yeomen Warders Uniform is real. It’s not a stupid and overly embarrassing historical re-enactment. It’s the embodiment of the living, breathing queen. 12 million tourists visit every year spending 7,000 million pounds.
But perhaps you don’t care than the monarchs are a perpetual GOLD MINE for the UK. You’re a Republican and you dislike like the royal family because of their political power. After all, the government gets all its right to rule through the crown, not the people.
But Her Majesty’s powers are limited to a theater act of approving what parliament wants to do anyway.
So remove the Royal Family and what do you get.. A huge loss of money, a President who with the touch of a button can do whatever he wants, and overall a very boring Republic, who would want to come to rainy Britain if there is no Queen, no Palace, no Royal Guards marching the streets, no one. Inevitably our Monarch is the only thing keeping Great Britain.. Well Great, it’s what makes our Prime Minister quiver in fear, knowing every week even he will have to get on his knee to Her Majesty.
But hey maybe I’m wrong, perhaps the queen is a political ticking time bomb, just waiting for her chance to declare random wars and devolve parliaments for the lols.
(Information & debate provided by CGPgrey)