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The True Cost of the Royal Family Explained - YouTube
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Look. At. That.
What a waste. That queen, living it off the
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government in her castles with her corgis.
(and gin) Just how much does this cost to
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maintain?
The answer: 40 million pounds.
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That’s about 65 pence per person per year
of tax money going to the royal family.
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Sure, It’s still twenty-three pence short
of a complete shield, but it might be more
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than you want to pay.
Any after all, those are your coins. Why does
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the queen get to steal them?
Well, it’s a little complicated.
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The story starts with this guy: King George
the third, most well known as the monarch
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who lost the United States for the Empire.
Less well known – but far more interesting
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– is he likely suffered from a mental illness
called Porphyria which has the unusual side
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effect of transforming your poop from it’s
normal boring brown to a delightful shade
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of purple.
But I digress – back to the the reason the
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Royals get tax money.
King George was having trouble paying his
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bills and had racked up debt.
While he did own huge tracts of land, the
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profit from their rental was too small to
cover his expenses.
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He offered a deal to parliament: for the rest
of his life he would surrender the profits
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from the rents on his land in exchange for
getting a fixed annual salary and having his
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debts removed.
Parliament took him up on the deal, guessing
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that the profits from the rents would pay
off long-term.
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Just how well did parliament do? Back to the
present let’s compare their profits and
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losses by using a tenner to represent 10 million
pounds.
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The cost to maintain the royal family today
is 40 million pounds per year.
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But the revenue paid to the UK from the royal
lands is 200 million.
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200 million in revenue subtract 40 million
in salary costs equals 160 million pounds
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in profit.
That’s right: The United Kingdom earns 160
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million pounds in profit, every year from
the Royal Family.
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So stop all your moaning about the Royal family
and how much they cost and how worthless they
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are. The Royal Family is Great for Great Britain.
Doing the individual’s math again:
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160 million pounds divided by 62 million people
is about 2 pounds and 60 pence.
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Because of the Royal Family, your taxes are
actually 2 pounds and 60 pence cheaper each
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year than they would otherwise be.
But perhaps that’s not enough for you because
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you’re a real greedy geezer. Why not kick
they royals out and keep 100% of the revenue.
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Because it’s still their land. King George
the crazy wasn’t crazy enough to give up
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everything, just the profits.
But it wasn’t only him: every Monarch since
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King George the third has voluntarilyturned
over the profits from their land to the United
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Kingdom. Again: Voluntarily.
If the government stopped paying the Royal
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Family’s living and state expenses the Royals
would be forced to take back the profits from
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their land. And your taxes, dear Monarchy-haters,
would go UP not DOWN.
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Plus 160 million is just the easily measurable
money the United Kingdom makes from the royal
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family.
Don’t forget their huge indirect golden
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goose: tourists.
Annoying though they might be to the locals
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by blocking the tube and refusing to stand
on the right, they dump buckets of money on
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the UK to see the sights, travel ludicrously
short distances by public transport, and generally
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act silly a long way from home.
Sure not everything they come to see is royal,
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but the most expensive stuff is.
And who are the biggest spenders? The Yanks.
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After they’ve finished buying maple syrup
& cheap, pharmaceuticals, Tijuanaian professional
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services & illegal pharmaceuticals, where
do they go next?
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The United Kingdom.
Americans fly across an ocean to see a land
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filled with Castles that aren’t plastic.
And why do the Americans think Frances castles
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are so boring and stinky and the UK’s castles
so awesome? Because real monarchs still use
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them.
The tower of London is so stunning to visitors
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because the Royal Crest on the Yeomen Warders
Uniform is real. It’s not a lame historical
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re-enactment or modern LARPing.
It’s the embodiment of the living, breathing
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queen.
Everywhere you look she’s sprinkled fairy
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dust on banal objects to make them magically
attractive to tourists.
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12 million of whom visit every year spending
7,000 million pounds.
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Which suddenly makes those direct profits
look like rather small change.
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But perhaps you don’t care than the monarchs
are a perpetual GOLD MINE for the UK. You’re
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a Republican and you dislike like the royal
family because of their political power. After
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all, the government gets all its right to
rule through the crown, not the people.
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And yes, I’ll grant you that back in the
head-choppy days of yore, this was a legitimate
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concern, but the modern queen isn’t a dangerous
political lion but a declawed kitten.
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Her powers are limited to a kabuki theater
act of approving what parliament wants to
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do anyway.
Remove the royal family from government and
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fundamentally nothing would be different except
now you wouldn’t live in the magical United
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Kingdom but the rather dull United Republic
of England, Scotland, Wales and Northern Ireland.
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A.K.A URESWNI for short. Doesn’t quite have
the same ring to it.
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But, maybe I’m wrong – perhaps the queen
is a political ticking time bomb, just waiting
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for her chance to declare random wars and
devolve parliaments for the lulz.
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But until that day comes.
God save the queen.�
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