And people like Dan Bongino are wondering why the common folk might be a little miffed. “Royal” family wealth should be treated the same as everyone’s family wealth
The English Crown owns one-sixth the entire landmass of earth.
The UK, Canada, Australia, New Zealand. And all those places went really hard with the covid/vaxxine policies and punishments...🤔
Funny how when somebody IS the law, literally, they make sure the law favors them theirs.
And if somebody complains its a "Two tiered" system, at NO point did the word Monarchy imply that all people are equal in that society.
This is why the USA had 2 wars with England.
That "special relationship" is largely a marriage of convenience for WW2 because Germany was the bigger enemy. Why does the USA owe them ANYTHING anymore? They are not our friends, they are not like us, and they don't actually care about us. All they have done since is live off the USA like parasites.
The only reason the "special relationship" continued was Elizabeth was smart enough to realized that the UK needed the support of the USA to survive, so went out of her way to make sure America stayed her friend. Charles is not nearly that smart.
Expect a series of arrogant gaffs and insults that will ensure, despite what cocksucker Bite-em thinks, Americans HATE the UK because of that twit Charles.
I am no financial adviser, but life insurance funds are tax free and if the assets are passed within a trust, the trusts are set up to pay taxes every year, so the new owner doesn’t pay taxes individually, but become the new trustee & beneficiary along with any others named. The trust can outline how the money is spent on beneficiaries and they won’t pay taxes. Like medical bills, education, trust expenses etc. This is my understanding in the US. Us common folk can use different tools to avoid taxes as well.
The monarch does pay income tax, but not inheritance tax. The King will get 2% of the rental from his properties, the rest go into the exchequer as public money.
Its managed by the Crown Estate and dates back to 1760 when George III needed a loan to manage his foreign wars. (guess what wars they were?)
An act of parliament took all the revenue from his lands in exchange for this loan and pays the Crown 2% of these holding as welfare.
Silly peseants. Tax collectors dont pay taxes.
There are legal ways of minimizing, even eliminating, inheritance tax.
https://m.youtube.com/watch?v=43GBsvmcRj4
The swamp taketh and the swamp giveth it to gubmint
That’s not tax, that is theft.
Yep and that's exactly how the royal family accumulated all of its wealth.
Dam straight
And people like Dan Bongino are wondering why the common folk might be a little miffed. “Royal” family wealth should be treated the same as everyone’s family wealth
Rules for the pheasant and rules for the elites. When will people wake up?
There are legal ways of minimizing, even eliminating, inheritance tax. It’s a matter of learning the tax rules, as you say.
It’s true - taxation is theft. But why not learn to minimize what you pay? There are lots of good mechanisms.
https://m.youtube.com/watch?v=43GBsvmcRj4
Rules for thee bitches. Brits better start getting off their asses.
The English Crown owns one-sixth the entire landmass of earth.
The UK, Canada, Australia, New Zealand. And all those places went really hard with the covid/vaxxine policies and punishments...🤔
New Statesman: Who Owns the World?
They don't own shit. They claim ownership.
Funny how when somebody IS the law, literally, they make sure the law favors them theirs.
And if somebody complains its a "Two tiered" system, at NO point did the word Monarchy imply that all people are equal in that society.
This is why the USA had 2 wars with England.
That "special relationship" is largely a marriage of convenience for WW2 because Germany was the bigger enemy. Why does the USA owe them ANYTHING anymore? They are not our friends, they are not like us, and they don't actually care about us. All they have done since is live off the USA like parasites.
The only reason the "special relationship" continued was Elizabeth was smart enough to realized that the UK needed the support of the USA to survive, so went out of her way to make sure America stayed her friend. Charles is not nearly that smart.
Expect a series of arrogant gaffs and insults that will ensure, despite what cocksucker Bite-em thinks, Americans HATE the UK because of that twit Charles.
It's time to end it.
Well, I am not surprised at all.
It'll go back to them anyway so its pointless.
They would need to liquidate into fiat money, so basically sell of their loot.
I though loot boxes was illegal in faggy UK.
Yowza, 40%?! Holy smokes that's ridiculous!
I am no financial adviser, but life insurance funds are tax free and if the assets are passed within a trust, the trusts are set up to pay taxes every year, so the new owner doesn’t pay taxes individually, but become the new trustee & beneficiary along with any others named. The trust can outline how the money is spent on beneficiaries and they won’t pay taxes. Like medical bills, education, trust expenses etc. This is my understanding in the US. Us common folk can use different tools to avoid taxes as well.
#Londonteaparty when?
Special privilege for doing nothing.
IF he doesn't pay inheritance tax do the DO THE BRITISH SUBJECTS DO?????
Inquiring minds want to know!!!!!!!
The monarch does pay income tax, but not inheritance tax. The King will get 2% of the rental from his properties, the rest go into the exchequer as public money.
Its managed by the Crown Estate and dates back to 1760 when George III needed a loan to manage his foreign wars. (guess what wars they were?)
An act of parliament took all the revenue from his lands in exchange for this loan and pays the Crown 2% of these holding as welfare.