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About: People's Budget     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:SystemOfMeasurement113577171, within Data Space : dbpedia.demo.openlinksw.com associated with source document(s)

Type: softwareyago:WikicatConstitutionalCrisesyago:WikicatUnitedKingdomBudgetsyago:Abstraction100002137yago:Attribute100024264yago:Budget113421832yago:Condition113920835yago:Crisis113933560yago:Difficulty114408086yago:Fund113358549yago:Measure100033615yago:MediumOfExchange113372961yago:Money113384557yago:Situation114411243yago:Standard107260623yago:State100024720yago:SystemOfMeasurement113577171 New Facet based on Instances of this Class

The 1909/1910 People's Budget was a proposal of the Liberal government that introduced unprecedented taxes on the lands and incomes of Britain's wealthy to fund new social welfare programmes. It passed the House of Commons in 1909 but was blocked by the House of Lords for a year and became law in April 1910. It was championed by the Chancellor of the Exchequer, David Lloyd George, and his young ally Winston Churchill, who was then President of the Board of Trade and a fellow Liberal; called the "Terrible Twins" by certain Conservative contemporaries.