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.�