No. of Recommendations: 1
I’ve seen estimates that the monarchy brings in more from tourism than it costs in their tax exemption. Not an entirely bad deal.
And I've seen estimates going the other way. It's a very squishy subject (i.e. getting solid numbers). However, even if you eliminate the monarchy, the tourists will still come to tour the palaces, look at the jewels, etc. Plus the windfall of taking over the public assets that the monarchy currently controls. Someone posted (I think prior to Charles' ascension) that as Prince of Wales he controlled much of the shoreline (or coastal waters) of the UK out to the 12 mile limit, which had some enormous financial benefits for him. I suspect as king, he still "owns" it.