The first few questions we should ask ourselves is “what point is there to even having a monarchy?” Additionally, “what good do they provide for the people of the UK and world? What is their purpose?”
United Kingdom taxpayers are asking themselves these questions and more amid fresh calls for the monarchy to be dissolved.
The Independent reports that Buckingham Palace is in need of repair, which is projected to be a 10 year project and will cost around £400 million-all from taxpayer money. The British government agreed to the increase in taxpayer funding, which is set to increase by 66%.
Those fighting for the abolishment of the monarchy are upset that the Royal Crown wants the public to pay for the renovation, all the while the Crown has an estimated worth of over £300 million, and owning land around the world estimated at a worth of over £7 billion.
Graham Smith, who is the chief executive of the Anti-Monarch Group Republic said:
This is an absolute disgrace. An indictment of the Queen’s scandalous mismanagement of royal finances over six decades. MPs have repeatedly called on the Palace to fund repairs by opening up to tourists all year round and they’ve refused. If the royals can’t look after the buildings and raise their own revenue to fund maintenance, it’s time to give them up.
The royals cost the taxpayer over £334 million per year and that keeps going up. We need independent inquiry and full disclosure of their spending. The monarchy’s costs need to be stripped right back, put the institution on a proper budgetary footing and allow parliament to approve the budget each year.”