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Why does the UK have royalty?

MSI64

MSI64

Member
And a President is a better idea then?
Does the president pay tax?
Yes, but only on his $400,000 salary and any unearned income from past investments (which are put into an independently managed blind trust during his tenure to avoid conflict of interest).

He does, however, get to live in and/or use The White House, Camp David, Air Force 1, the Presidential limos, etc. etc. etc., and have ALL the living expenses for himself (including all food, tailor made clothing, gasoline, transportation, utilities, medical care, security, golf outings, vacations, grand parties and banquets, theatre performances seated in the Presidential box, private showings of new release movies, command performances by the greatest musical artists, personal servants, private secretaries, master chefs, and personal trainers) and his family paid for, TAX FREE -- that is, these benefits and perqs don't add to his taxable income. So basically, he is provided one of the most lavish life-styles in the world free of charge, and then paid $400k per year on top of that, on which he pays the standard tax rate -- though he can't claim any "uncompensated business expenses" as a deduction.


Read more: Does the President have to pay taxes? | Answerbag Does the President have to pay taxes? | Answerbag

400,000 a year? potentially 3.2 million and no out goings?? Protection for life after his term of service. Thats a lot of money spent on someone who just happened to have the right friends and the right amount of cash to get into the White house?​
 
9-10ths_Penguin

9-10ths_Penguin

1/10 Subway Stalinist
Premium Member
MSI64 said:
And a President is a better idea then?
Does the president pay tax?
Yes, but only on his $400,000 salary and any unearned income from past investments (which are put into an independently managed blind trust during his tenure to avoid conflict of interest).​

He does, however, get to live in and/or use The White House, Camp David, Air Force 1, the Presidential limos, etc. etc. etc., and have ALL the living expenses for himself (including all food, tailor made clothing, gasoline, transportation, utilities, medical care, security, golf outings, vacations, grand parties and banquets, theatre performances seated in the Presidential box, private showings of new release movies, command performances by the greatest musical artists, personal servants, private secretaries, master chefs, and personal trainers) and his family paid for, TAX FREE -- that is, these benefits and perqs don't add to his taxable income. So basically, he is provided one of the most lavish life-styles in the world free of charge, and then paid $400k per year on top of that, on which he pays the standard tax rate -- though he can't claim any "uncompensated business expenses" as a deduction. ​




400,000 a year? potentially 3.2 million and no out goings?? Protection for life after his term of service. Thats a lot of money spent on someone who just happened to have the right friends and the right amount of cash to get into the White house?​
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Seeing how all this is very similar to what the British Prime Minister receives, how is this relevant to a discussion of monarchy vs. republic?

Your head of state and your head of government both get official residences; Americans give their head of state (who's also their head of state) an official residence. You're still paying for more official residences than they are because of the monarchy.
 
MSI64

MSI64

Member
The british taxpayer pays 72p a year to support the Monarchy?? hardly a massive amount per person.
When you look at how much is spent per year by tourists coming to see the Queen (although very few actually do) its a quite a good investment.
Pm gets a salary of 142,000 a year and pays the highest tax bracket?? and also pays National Insurance as well? bit of a difference really just over a million quid in the same time bracket as the POTUS?
 
9-10ths_Penguin

9-10ths_Penguin

1/10 Subway Stalinist
Premium Member
MSI64 said:
The british taxpayer pays 72p a year to support the Monarchy?? hardly a massive amount per person.
When you look at how much is spent per year by tourists coming to see the Queen (although very few actually do) its a quite a good investment.
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If very few people come to see the Queen, how is her value as a tourism draw "quite a good investment"?

MSI64 said:
Pm gets a salary of 142,000 a year and pays the highest tax bracket?? and also pays National Insurance as well? bit of a difference really just over a million quid in the same time bracket as the POTUS?
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Where did "over a million quid" come from? The difference in salary is about $179,000 USD (115,000 GBP) per year at current exchange rates. That means that the American taxpayer pays, on average, about a tenth of a cent to support this difference. Hardly a massive amount per person. ;)
 
Father Heathen

Father Heathen

Veteran Member
It all boils down to undue sense of importance and entitlement simply due to belonging to some inbred bloodline, they serve no real useful purpose, and they're lavished with unearned attention and wealth (no doubt pilfered from the pockets of hard working brits).
 
kai

kai

ragamuffin
Father Heathen said:
It all boils down to undue sense of importance and entitlement simply due to belonging to some inbred bloodline, they serve no real useful purpose, and they're lavished with unearned attention and wealth (no doubt pilfered from the pockets of hard working brits).
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can we leave the Bankers out of this and stay with the Queen
 
MSI64

MSI64

Member
9-10ths_Penguin said:
If very few people come to see the Queen, how is her value as a tourism draw "quite a good investment"?


Where did "over a million quid" come from? The difference in salary is about $179,000 USD (115,000 GBP) per year at current exchange rates. That means that the American taxpayer pays, on average, about a tenth of a cent to support this difference. Hardly a massive amount per person. ;)
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True, didnt think of exchange rate apologies.
 
Bismillah

Bismillah

Submit
I heard the royal family has to keep up with countless mundane things throughout the day.

Sounds like they work for it.
 
9-10ths_Penguin

9-10ths_Penguin

1/10 Subway Stalinist
Premium Member
kai said:
They dont! its her office that earnt the veneration, although he genes do give her validity she claims direct roots to William 1
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So direct roots to William the Conqueror are what give the crown legitimacy?

But Elizabeth bases her legitimacy on a line of succession that goes back to William of Orange; effectively, the strength of her claim is based on the strength of his claim. Did William of Orange have direct roots to William the Conqueror?
 
kai

kai

ragamuffin
9-10ths_Penguin said:
So direct roots to William the Conqueror are what give the crown legitimacy?

But Elizabeth bases her legitimacy on a line of succession that goes back to William of Orange; effectively, the strength of her claim is based on the strength of his claim. Did William of Orange have direct roots to William the Conqueror?
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Elizebeth bases he legitimacy from her father who was king, and wasnt King billly the grandson of Charles 1


The roots give it credibility
 
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