Public turn on the Royals over ‘Paradise Papers’ tax avoidance revelations

Experts said the investments were not illegal and there is no suggestion the Queen is not paying tax –
but that is not the point. By avoiding tax,
Her Majesty is depriving her citizens of money that could be used for public services.
That is immoral –
and unforgivable [Image: Getty].

Her Majesty the Queen might be forgiven if she spent today wishing the monarch still had the power to execute people. No doubt the advisors who encouraged her to invest in tax havens – and in companies like Bright House, accused of ripping off the very poor – would be heading for the block.

Here‘s the story, as it relates to the Royals:

Millions of pounds of the Queen’s private money is invested in offshore funds in Caribbean tax havens, a huge leak of financial documents referred to as the “Paradise Papers” has revealed.

The documents show that the Duchy of Lancaster, which manages investments for the Queen’s £520m private estate, invested around £10m in the Cayman Islands and Bermuda-based funds.

They also show that the monarch holds small investments, via funds, in businesses including off license chain Threshers and BrightHouse, which has been accused of exploiting people with mental health problems and learning disabilities in order to sell its products.

It is important also to remember that Her Majesty tried to use a state-run poverty fund to heat Buckingham Palace. Was she avoiding tax at this time?

And here’s the public reaction. It seems nobody is keen to support Her Majesty in this:

https://twitter.com/withorpe/status/927249043570528260

https://twitter.com/Liam_O_Hare/status/927251481992093697

https://twitter.com/PaulaCoyscot/status/927289470893854720

https://twitter.com/BitcoinBuddhist/status/927342510975852544

https://twitter.com/DanNeidle/status/927258030563123200


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11 thoughts on “Public turn on the Royals over ‘Paradise Papers’ tax avoidance revelations

  1. NMac

    This might open a few eyes as to what the Windsor family are really all about. A bunch of not-very-bright parasites.

    1. Mike Sivier Post author

      Your choice. I think it’s reasonable to question the behaviour of the Royal Household in this matter.

  2. Gail Clark

    Well done, please, please keep the pressure on these Pariahs. We don’t need or want them here. Disgusted to my core!

  3. Zippi

    I cannot see what benefit it is for the Queen to invest her money elsewhere, especially in a tax haven. This is supposed to be her country and she doesn’t have to pay tax here, anyway. Surely, it would be better for her and for her subjects, if she invested her money here? We are told that she is an astute woman but had to ask what one did with cash money. It seems implausible that she didn’t know where the money was going, or the nature of the investment but not impossible. Questions need to be asked and answered, regarding this. Something just doesn’t add up, except to say that the more that she earns abroad, the less we should have to pay her. Certainly, I think that she will want to know more about the companies in which her money is invested, if she doesn’t already.

Comments are closed.