Re: The Prince Andrew interview
Originally Posted by
Puddle Duck
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Totally agree. We only have to see the entourage that Trump brought along with him, to see the inevitable cost of a Presidency.
Note that Corbyn is to introduce Corporation Tax on the land owners of where businesses reside, rather than the businesses. That's a clear indication of taxing the Crown Estates to the hilt, as we know the Crown Estates own much land, particularly in London where businesses and hotels reside upon. The Crown's Estates provides the Monarchy income. No President would own that.
Which brings me to another point about Virginia Roberts saying she met the Queen at Buckingham Palace..
The Queen has no recollection. (they can't call people liars can they ?) so I suggest Queenie could also be up in front of the FBI.
Taxing the Crown Estates may increase tax collected but would also reduce the Crown Estate Profits which are paid to the Treasury, so The Treasury will be no better or worse off, overall.
It may reduce the profit of the Crown Estate but, bearing in mind the Queen is paid only a percentage of this and there is a clause in the agreement that says she will not be paid less than the previous year, even if Crown Estate Profits fall due to extra taxation, it is not likely to impact on the amount the Queen receives.
Landowners taxation may impact the business profits from the two Duchies which provide incomes to the Queen and Charles, though, so they will receive less income from that source - and if they receive less income, they will pay less personal tax back to The Treasury, so it will be swings and roundabouts.