Sunday, October 29, 2006


Prince Charles came under fire from government MP’s this week for refusing their demands to show them his accounts records and books for his Duchy of Cornwall estate. Despite being one of the wealthiest men in the country, Prince Charles’ Duchy of Cornwall estate is exempt from corporation and capital gains tax, saving him a staggering £100million in tax every year. Surely paying this amount would hardly put a dent in the finances of somebody as wealthy as Charles. But the fact that he is standing firm and steadfastly refusing to pay means there is one rule for the heir to the throne and another for the rest of us (his subjects) who are expected to pay taxes. With the future of the monarchy in constant jeopardy in today’s changing times, Prince Charles would be well advised to pay his tax dues. If he continues to arrogantly refuse, his popularity and that of the monarchy in general will just sink to an all-time low with his future subjects, something I’m sure he won’t want to happen.

Photos:- Courtesy of BBC Website

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