Wait...what? Excuse me for being an ignorant yank, but your taxes support their lifestyle? I thought they had old money? You still pay them?
We pay taxes to Her Majesty's Revenue & Customs - she keeps what she wants and then lets the government spend the rest.
That's what being a 'subject' is all about. And it's shit.
The argument against a republic is that we'd have to have some other head of state like a president. People fear a 'President Blair' type of ego. Or a f***wit like President George W Bush. Monarchists fear that us plebs would vote a ridiculous president into power like Jordan or Simon Cowell or a football mascott... so best not allow the people to speak and let divinity guide the way.
That argument sounds attractive whilst you have a moderate monarch like Lizzie. But what about Charlie? I don't think he has the press on his side. And lots of people will never forgive him for arranging for Diana to be bumped off (allegedly ) When he finally takes the throne, at an age after most people have retired, I suspect there will be a lot of support for the idea of a republic, or a change in the rules to allow a younger prince like William to take over.
Viva la republic!
Dave