I think there are examples of it working, and examples of it not. Singapore’s system works as intended, but here’s a list of yearly salaries for high-paid heads of state >$500,000 USD (sources from Wikipedia). Draw your own conclusions.
Cameroon President: $620,000
Denmark Queen: $11,000,000
Hong Kong Chief Executive: $568,000
Japan Emperor: $3,000,000
Jordan King: $848,000
Kuwait Emir: $165,000,000
Luxembourg Grand Duke: $12,000,000
Norway King: $33,000,000
Oman Sultan: $7,000,000 (could be a very old number)
Qatar Emir: $33,000,000
Saudi Arabia King: $9,600,000,000 ($9.6 billion)
Singapore President: $1,400,000
Singapore Prime Minister: $1,600,000
Switzerland President: $507,000
Syria President: $576,000
Tonga King $2,100,000
United Arab Emirates President: $4,600,000,000 ($4.6 billion)
I think there are examples of it working, and examples of it not. Singapore’s system works as intended, but here’s a list of yearly salaries for high-paid heads of state >$500,000 USD (sources from Wikipedia). Draw your own conclusions.