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Politics : Just the Facts, Ma'am: A Compendium of Liberal Fiction -- Ignore unavailable to you. Want to Upgrade?

To: longnshort who wrote (67500)	10/13/2008 7:56:28 PM
From: thames_sider	Read Replies (1) \| Respond to of 90947

No idea about the Canadians, but the UK makes a net profit overall (OK, granted that the Crown Estates own huge tracts of the country... but someone has to own it, and this is way better than some tax-evading **** based in Bermuda or wherever). en.wikipedia.org The Crown Estate is now a statutory corporation run on commercial lines by the Crown Estate Commissioners and generates revenue of around £190 million for HM Treasury every year, greatly exceeding the costs of the Civil List.[1] For example, it owns much of Regent Street in London. In 2000, a £35.3 million reserve was carried over from the 1990-2000 Civil List. The reserve was created from surpluses caused by low inflation and the efforts of the Queen and her staff to make the palace more efficient. For the period of 2000 - 2010, the Civil List has continued to be fixed at £7,900,000 (GBP) annually, the same as was established during 1990. So currently the UK is paying about £8M/year, or 20p/person/year, which strikes me as a bargain - what's the cost of a head of state anywhere else? And that's before the Treasury gets the rents from the Crown Estates...