Palace: Prince William's wife Kate in labor

[kentonio]

Uhm. Own goal. They have nearly $50 billion of net worth... which should belong to the UK government.

So yeah. That's money out of your pocket. Not mine. But whatever. If they make you island dip****s feel special. More power to you. Or them.

Moron.

I think you should probably have read the article before leaping in. The family is valued at £44b, but only £18b of that is assets. Much of the subsequent value is based on its earning power for the country.

It's interesting however that you think that the Royal Families wealth should 'belong to the country'. How exactly do we decide which old families money and assets should be stolen by the state?

[Sava]

That's not a massive dildo ****ing you in the ass. It's a helpful poo-blocking suppository! And who are we to question it?

Dip****.

[Lorizael]

How exactly do we decide which old families money and assets should be stolen by the state?

Uh, the tax system...?

[PLATO]

It's interesting however that you think that the Royal Families wealth should 'belong to the country'. How exactly do we decide which old families money and assets should be stolen by the state?

Ahhh...someone finally says something that makes sense.

[Bugs ****ing Bunny]

It's interesting however that you think that the Royal Families wealth should 'belong to the country'. How exactly do we decide which old families money and assets should be stolen by the state?

By simply imposing the same tax system as applies to their subjects.

[C0ckney]

for those interested in some facts. here are the details of the royal family's tax affairs.

Members of the Royal Family other than The Queen and The Prince of Wales are subject to tax in the ordinary way.[19] There is a Memorandum of Understanding on Royal Taxation, dated 5 February 1993, which records the arrangements for the payment of tax by The Queen and The Prince of Wales.[20][21] Only a proportion of capital gains arising on assets belonging to the Privy Purse are subject to capital gains tax. The Memorandum of Understanding justifies this on the basis that the Privy Purse meets both public and private expenditure. The proportion of gains and losses to be taken into account is:

(A - B)/A

where:
A is the Privy Purse income
B is any excess of Privy Purse expenses over Duchy of Lancaster income.[22]

The Prince of Wales is not legally obliged to pay tax on his income from the Duchy of Cornwall but has chosen to pay income tax at the normal rates pursuant to the Memorandum of Understanding on Royal Taxation. The income of the Prince of Wales from sources other than the Duchy of Cornwall is subject to tax in the normal way.[23]

From 1969 Prince Charles made voluntary tax payments of 50% of profits from the Duchy of Cornwall, but this reduced to 25% in 1981 when he married Lady Diana Spencer.[24] This arrangement was replaced by the Memorandum of Understanding on Royal Taxation in 1993.
The Official Expenditure of the Queen and the Prince of Wales is regarded as tax deductible. The rules on what constitutes Official Expenditure are set in the Memorandum of Understanding.[25]

Property passing from monarch to monarch is exempt from Inheritance Tax, as is property passing from the consort of a former monarch to the current monarch.

[Sava]

Ahhh...someone finally says something that makes sense.

Hahah. Seriously. Cancel your American citizenship and move to the UK you monarchist pig. Traitor scum.

[Imran Siddiqui]

This anti-royal stuff from some Americans reminds me of the morons who like to pile on against soccer.

Interestingly enough, Sava is both. He's doing a double moron... I'm not surprised.

[Sava]

Roses are red. Violets are blue. Soccer is stupid. So are you.

[Sava]

that stupid baby should be put in a blender

[regexcellent]

Roses are red. Violets are blue. Soccer is stupid. So are you.

.

[kentonio]

Soccer is stupid.

You shut your whore mouth!

[Tuberski]

http://www.theonion.com/articles/royal-baby-born,33171/?utm_source=Facebook&utm_medium=SocialMarketing&utm_campaign=Status:2:Default

http://www.theonion.com/articles/royal-baby-speaks-first-words,33213/?utm_source=Facebook&utm_medium=SocialMarketing&utm_campaign=Status:1:Default

http://www.theonion.com/articles/royal-baby-eats-first-meal,33191/

http://www.theonion.com/articles/royal-baby-has-fathers-eyes,33216/

The real story.

ACK!

[Sava]

You shut your whore mouth!

Can you explain the entertainment value of watching guys kick a ball around to a 0-0 tie?

No wonder they yell GOOOOOAAALLLLL and celebrate so hard. Nobody ever scores in that stupid game.

[Imran Siddiqui]

I sit back, waiting. Knowing my job is done when MikeH and Bugs decide to open a new hole for Sava to defecate out of (as if 2 wasn't enough)...