Grany and others:
Most of the UK monarchy’s expenses are not paid by the taxpayer, but by people who rent land and buildings from the Crown Estate. Travel and security costs are borne by the taxpayer, however. When the Queen needs to go a long distance, she charters an aircraft. The monarchy has no equivalent of Air Force One except for short-haul flights.
The US president’s salary is comparatively small, but he has a large budget for his staff, and his travel and security costs are absolutely gargantuan compared to the royal family. He takes two massive armored cars with him wherever he goes, along with a mobile operating theater. The two Air Force One planes are expensive to operate as well. Whenever he goes someplace, the Secret Service researches it for weeks in advance. The Queen doesn’t go through nearly that much fuss.
The monarchy also brings in money to the nation through tourism and knickknacks, which the presidency does not, so that’s on the positive side of their ledger. Every commemorative plate with the Queen’s face on it that’s sold produces 20% Value Added Tax. US presidents don’t stay around long enough for a lot of commemorative plates to be made.
Finally, there’s the colossal cost of US elections. These are born chiefly by the donors, not the taxpayer, but they still involve an absurd amount of money. The Queen isn’t elected, and British elections are quick and cheap.
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