WORLD IN BRIEF : BRITAIN : Old Yacht Will Do for Queen Elizabeth
From Times Staff and Wire Reports
Facing her first year as a taxpayer, Queen Elizabeth II hinted that she is prepared to make do with her old yacht. But the tax agreement announced a day earlier hasn’t hushed all her critics, who refuse to accept her word that she isn’t all that rich. “Down to her last 60 million pounds ($85 million),” sniped the Sun tabloid, Britain’s largest-selling newspaper. Other newspapers worried about the decision to make the sovereign’s train, planes and palaces tax-exempt.
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