• HM King Charles III DG FD@feddit.uk
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    1 day ago

    Royal speeches is part of how Parliament operates… The King sets forth what the Prime Minister has told him what the agenda is. Sure, it’s steeped in ceremony and history, but the British constitutional monarchy system has worked for centuries, and anyone who thinks that removing this process will add wealth taxes or is even necessary for wealth taxes is delusional.

    The lady in the video itself doesn’t even say anything about the system. She just states that the agenda wasn’t up to scratch. If anything, the whole system was a benefit here due to the transparency of the Government’s shortcomings laid out by the speech.

    If every wealthy person paid as much into the treasury from their possessions as the King did (typically 70%), we wouldn’t be complaining.

    Lastly, the King isn’t even super-super rich. He had less money than Rishi Sunak did. The King is estimated to have around £500 million for personal spending at the end of the day, which is a lot, but he’s not a billionaire. If anything, it probably calls for reflection that our own King who we dress in gold, silk, diamonds and pageantry isn’t even scratching the surface of the “super wealthy” who are in the billions.