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>why are they exempt from taxes during record high inflation Because they literally own all (or at least most) of the tourist attractions in the UK. It looks f
by nextlevelwizard 4y ago
>why are they exempt from taxes during record high inflation
Because they literally own all (or at least most) of the tourist attractions in the UK. It looks funny how the royal family is paid bunch of money for just existing until you realize they own the land and they have deal with the government where government handles the properties and whatever and pays the royal family for it, but the amount revenue is much much larger
- Symbiote 4y agoThe monarch doesn't own it. It's not well defined, but if anything, the state owns it, with some of the profits from the estate being used to fund the monarch. https://en.wikipedia.org/wiki/Crown_Estate https://en.wikipedia.org/wiki/Crown_Estate (And the monarch is still exempt from inheritance tax on their private property, e.g. Balmoral.)