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how many republics have the French had now? the cost of their palaces etc and presidents (past ones get millions) are apparently more than our palaces and monarch.

only because the situation and terms are confused, not recognising the difference between the persons and the positions.

the Duchy is exempt because its a crown body, i.e. part of the state. its the same rules as applies to any government department, so is consistent. this isn't an advantage over other businesses as portrayed, any business can reinvest money without seeing tax applied.