Friday, September 03, 2004
Lloyd George's "infamous" budget
In the Asquith government (1908-15) Lloyd George was chancellor of the Exchequer and the man behind the infamous 'people's budget' of 1909.
The budget promoted higher land taxes and a super tax on incomes over 3000ukp to pay for social reform programs and rearming the navy.
Rejected by the Lords, the budget drove a wedge between the two houses that resulted in the Parliament Act of 1911.
Lloyd George's garden revamped, BBC NEWS
("Infamous?" One of the most important steps towards a modern welfare state? Shurely shome mishtake!)
The budget promoted higher land taxes and a super tax on incomes over 3000ukp to pay for social reform programs and rearming the navy.
Rejected by the Lords, the budget drove a wedge between the two houses that resulted in the Parliament Act of 1911.
Lloyd George's garden revamped, BBC NEWS
("Infamous?" One of the most important steps towards a modern welfare state? Shurely shome mishtake!)
