awfulThis, from the Republican organisation. I don't agree with everything but they maybe able to get the gist of the argument across better than I can.
Republic's royal finances reform charter proposes the following simple reforms, to improve accountability, transparency and fairness in royal finances and to appropriately assign public funds to the Treasury.
Parliament to set an annual fixed budget for the monarchy - including an annual salary for the Queen - to be managed and reported on by a government department, not Buckingham Palace.
All security costs to be made transparent and accountable.
All costs of royal visits around the country to be incorporated into the monarchy's budget, not met by local authorities.
The institution of the monarchy, and all members of the royal household, to be required to abide by the same tax laws and rules as all other public bodies and private individuals.
The Duchies of Lancaster and Cornwall to be fully investigated by parliament with a view to transferring them into public ownership, with all revenue going to the Treasury.
The Crown Estate to be renamed 'the National Estate' and its status clarified through amendment of the Crown Estate Act.