The royal family of England to me represents nothing more than a bunch of welfare recipients living on the dole and the taxes of the British public.
That's simply not true. The money paid into the Treasury from the Crown Estates exceeds the money provided by Parliament for the Queen's expenses, so the idea that the Royal Family "live off the taxpayers" is nothing more than a myth. In addition, the Queen performs functions which are essential to any government, whether it is a monarchy or a republic. (Most republics have both a President and a Prime Minister.) Members of the royal family do invaluable work for charity and British trade. They have difficult jobs and are well compensated for them--that's not welfare. The real division between monarchists and republicans is how the head of state should be selected, not how much money to spend. Presidents are not necessarily cheaper, and in my opinion the ceremony, pageantry, excitement, tradition, and continuity provided by monarchy are more than worth any expense.