Now that Charles III is the King of Britain, will the United States be able to tax the crown? Given that the royalty is top of mind today, we thought we’d introduce you to this thought piece about how the Royal Family, which is notoriously cagey about their wealth, may now have to report some of it to the United States Internal Revenue Service. We work it out in this Redacted episode.
This brings about a thought experiment over whether the Royals reject Harry and Megan over race or nationality. Megan is an American taxpayer and her children will be too. Could this be the reason the royals do not want them to inherit or is there something else going on there?
This is an interesting lesson in American tax hegemony versus royal wealth hoardings and we are here for it!