Over the past few years, the abolition of the monarchy has been questioned and the opposition against it has grown. Althought royalists might argue that monarchies bring political stability, respect for tradition and a sense of national pride, along with hordes of tourists, there are many people that defend that the monarchy should be abolished due to many reasons.
One of the strongest arguments in favor of abolishing the monarchy is that many people don't want to pay the taxes to hold the Queen or King and their family. Whilst many people don't last until the end of the month, there's no justification to waste large amount of money to pay the expenses of the royalty.
Furthermore, in a democratic society, which means we should cherish democratic values, such as equality of citizenship and freedom to participate in government. In a democratic society there is no room for a head of state who is put there for hereditary reasons.
Another point worth mentioning is that there has been some cases of corruption, or in which members of the royalty have abused of their privileges, misused their influence or simply wasted our money. A recent example, can be "El case Nóos" in which a member of the Spain royalty used there influences to make money illegally.
To conclude, is true that monarchy has played an important role in many countries during many years, however in a democratic society theres no place to a monarchy elected by hereditary reasons. From my point of view, monarchy is losing support because people think that they don't have a real role in our society so I think that the monarchies will be abolished in the next few years.