Are those monarchies even tax funded? A separation between private ("house") and state property is usually much older than even the earliest traces of democrati

Are those monarchies even tax funded? A separation between private ("house") and state property is usually much older than even the earliest traces of democratization and when they got to where they are today without completely losing their formal status, the house property will have survived just fine. Apply the supposedly not-feudal-at-all mechanisms of free market to those (land-)lords and you get something generously funded by nothing but privileged birth.