Since your question has already been answered....just want to add my 2 cents worth... I can't believe we still have royalty in this day and age .....I hope it doesn't continue until the end of this century. It needs to be abolished.
2006-08-10 14:37:55
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answer #1
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answered by xanadu88 5
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Mainly from tax free inheritance. But also gifts. The Royal mail give them a free set of stamps every time a set is issued so do most postal services in the Commonwealth. the stamp collection alone is priceless, then there is all the stuff that royals from previous generations "collected" from around the world - like the Crown jewels. Books give them a large valuable library - they get them free. But must of the stuff can never be sold. Some of the smaller gifts are sold, subtly through Sotheby's or some such auctioneers. Plus that have robbed the people of the Commonwealth, formerly the British Empire for centuries. Nice work if you can get it.
2006-08-10 08:30:29
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answer #2
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answered by Mike10613 6
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Clearly all answers are from people who would like to see the British crown disappear. You may all be right and if so it will go. However those who support royalty have some points worth noting.
The Queen is head of state. The American President is both head of state [ largely a ceremonial function] and head of govt [an elected political job]. In the British system royalty relieves the head of govt from the "symbol of state" duties. The Brits can hate their political opponents in the usual partisan way, but still show respect for the country by having a head of state who is politically neutered.
The Queen is above politics because she has absolutely no authority. The PM who has more authority than our President must fight for his job in the electoral donnybrook.
Stuck originally with absolute monarchs, the Brits found a way to make use of the institution while pulling all its teeth. They have no reason to be confused between loyalty to country and loyalty to party. The country has a symbolic head, the govt. a down and dirty politician.Not so dumb those Brits.
Regardless of the manner in which previous generations of absolute monarchs accumulated wealth this generation hold it in all the usual ways and are quite rich personally. As a result, the tax money used to support royalty is surprisingly reasonable. The last time I saw a comparison it was less than we spend on security for our President, not to mention the annual upkeep of the white House and ceremonial state functions.
Royalty in fact do have jobs. They perform the ceremonial duties of the Head of state and are very involved in support of charities. I can say from personal involvement and observation that they take this responsibility seriously and for the most part are effective at it.
Since the role is hereditary they are bound to get some duds. On the other hand heredity has its value. There is no election of the ceremonial Head of State, so it solves the problem of having a Head of state who is not a politician. You win some you lose some.
The present Queen is widely respected. The current person in line for King may not be able to hold this respect. Who knows what the future will bring.
2006-08-10 21:48:33
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answer #3
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answered by Fred R 2
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Property in some instances - the civil list (which is in return for the incomes from the Crown Estate going to the Treasury), there's some from horse sales and Stud farm activities at Sandringham. Then there's a property and stock portfolio.
The common confusion is the distinction between HM Queen Elizabeth II and Elizabeth Windsor. Elizabeth Windsor does not 'own' Windsor Castle, Holyroodhouse, Buckingham Palace and all, but does own Sandringham and Balmoral.
Most royals do some work as patrons of charities, but the last active working royals (the wessex's) have had their business activities curtailed as they were making a pigs ear of things.
2006-08-10 09:46:01
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answer #4
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answered by MontyBob 2
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The Queen gets income from the historic Duchy of Lancaster. She forfeits this revenue to the government in exchange for the civil list, a payment which she divides among her family execpt for the Prince of Wales, who has income from the Duchy of Cornwall. The duchy is land spread across England, not just Cornwall. If the monarchy were abolished tomorrow a distinction would be made between their private property and that which belongs to the state. Much of the art, land and real estate owned by the crown is enjoyed by the Royal family but not actually owned by them.
If you wish to direct your ire at any particular royals, Prince and Princess Michael of Kent, the queen's cousins, do not perform public functions (aside from those for their chosen charities) but are heavily subsidised by the civil list.
2006-08-13 06:30:30
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answer #5
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answered by Dunrobin 6
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A very good question that has never been fully investigated.
A lot of it was aquired in past centuries by methods that would be considered illegal today ( Elizabeth 1 was very much involved in laundering the proceeds from slavery and piracy. Henry VIII grabbed a huge amount of wealth from religious institutions during the Reformation).
Until recently the Queen didn't pay any income tax and even now the Royal family are exempt from a lot of other taxes that their subjects have to pay.
2006-08-10 18:53:16
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answer #6
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answered by brainstorm 7
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2016-04-16 13:56:18
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answer #7
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answered by Anonymous
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The hard working people of the UK, or should i say the mugs of the UK who work hard for the money they earn, and then give it to them, it's a bit like the rich robbing the poor to keep it.
I would like to add that she does get a lot of money from the people of the UK unlike what some have answered, and yes she does con money out of the people to see her homes, which are supposed to be the homes of the people, don't waste your money go to Disney it far more fun
2006-08-14 04:15:24
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answer #8
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answered by ringo711 6
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I might have to object to some of the answers here. Firstly I don't think HM would have Dollars - only Canadian or Australian. Secondly; the Queen does pay tax now - it was her decision to pay, but why should she pay money to herself?
Her money comes mostly from the vast amount of land owned - she is not a burden on UK tax payers and has even opened two of her houses (only one she owns outright) to the public.
She is not as rich since her dear mother died - I have it from a good source that HM the Queen Mother's drinks tab was in excess of 2million Sterling. All that gin.
2006-08-13 14:26:39
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answer #9
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answered by Paul G 2
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I guess I'm English and a theoretical Republican. And, yes, the money must ultimately come from the people. But what really worries me is that, if you scrap the Royal Family, whom would you put back in its place as titular Head of State and Supreme Commander of the Armed Forces? Would it be an outgoing politician likeTony Blair? I'm willing to forget my theoretical principles should that be the alternative we face!
2006-08-10 21:46:08
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answer #10
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answered by Anonymous
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jobs no never as for the money from us and the whole royal brand been run as a business. charlie boy alone brings in millions with the land he owns across the country
2006-08-13 11:10:16
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answer #11
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answered by Anonymous
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