London
Prince Charles this week revealed his annual tax bill for the first time. The records show that the Prince of Wales paid $6 million on income of about $25 million. He spent about $3.8 million in government money on official business, including travel, and another $8 million on his 105-member official staff, which includes secretaries, a chef, grooms, valets, and a Web site editor. Prince Charles started divulging financial details in 2003, part of a campaign of openness by the royal family, but this latest report was the most extensive yet. “We’re just edging forward with it,” said the prince’s principal private secretary, Sir Michael Peat, “and trying to be more open and transparent.”
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
5 refreshing podcasts you may have missed this springThe Week Recommends Exploring the cultural impact of Jerry Springer, a look at contemporary spending habits and more
-
Mortgages: The future of Fannie and FreddieFeature Donald Trump wants to privatize two major mortgage companies, which could make mortgages more expensive
-
Economists fear US inflation data less reliablespeed read The Labor Department is collecting less data for its consumer price index due to staffing shortages
