A diverse offering twixt the interesting, the unusual, and the amusing.
Saturday, 29 June 2019
The Funding of the Royals.
There has been much wringing of hands in the press recently about the cost of renovating the rather unattractive Frogmore Cottage (£2.4 Million), the new home of Harry and Meghan; which is owned by The Queen's 'Crown Estate'. The Republicans were eager to jump on the guillotine bandwagon, and denounce the whole Royal Family as being a huge drain on national funds.
If Her Majesty is spending money on renovations to Frogmore Cottage, she is only doing so in order to keep her own property in good order.
As I understand it, The Royals have two main areas of income. The Queen's 'Crown Estate', and Charles's 'Duchy of Cornwall'. The Queen graciously hands over the entire income from her personal Estate to the Government, and receives a small percentage back (25%) for expenses, and Charles pays normal Taxes on his income from The Duchy.
The Crown Estate currently produces an annual income of approx £304 Million, with The Queen receiving up to £80 Million in return, in what is known as the 'Sovereign Grant'. A pretty good deal for the National Purse.
The Duchy of Cornwall produces an annual income for Prince Charles of around £21 Million, on which he 'voluntarily' pays income Tax of 50%. There are plenty of Footballers about, who earn the same, if not more than Charles.
Personally I couldn't care less how much they earn, as long as they are able to afford all the 'Pomp and Ceremony' that the country demands of them; and that doesn't come cheaply!
The difference between an optimist and a pessimist, is that the optimist enjoys himself whilst waiting for the inevitable! I AM that optimist!
This is a daily, optimistic, 'photos and comments' blog. I make no judgements (only occasionally), just notes. If you wish to comment in any way at all, please feel free. Everything and everyone (except the obdurate and dictatorial) is very welcome.
I was born just south of London, but for the past 46 years I've lived in S W France. I am a painter by profession, and writer by desire. Lady Magnon and I live in an ancient cottage, in a tiny village, in perfectly tranquil countryside. We have a vegetable garden called 'Haddock's' (this may crop up from time to time), plenty of fruit trees, and a view that takes the breath away. I try to treat our planet with respect, and encourage others to do likewise (without preaching).
Contentment is a glass of red, a plate of charcuterie, and a slice of good country bread. Perfect!