In the interests of transparency, King Charles III has disclosed the amount of tax he pays. Trouble is, the pinprick of light that has fallen on the royal finances tells us little about his true income or wealth.Rather than opening up his accounts to full democratic scrutiny, the revelations may just help divert attention away from a fat pay rise for Britain’s monarch at a time of national belt-tightening.Washington PostSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles