People's Budget called the People's Budget "a revolutionary concept" because it was the first budget in British history with the expressed intent of redistributing wealth equally amongst the British population. It was a key issue of contention between the Liberal government and the Conservative-dominated House of Lords, leading to two general elections in 1910 and the enactment of the Parliament Act 1911. The Budget was introduced in the British Parliament by David Lloyd George on 29 April 1909. Lloyd George argued that the People's Budget would eliminate poverty, and commended it thus: The budget included several proposed tax increases to fund the
George Lloyd (politician) in 1880, lost it in 1882, won it again in 1885 and lost it 1887. Lloyd was a founder, auditor and original shareholder of the Australian Mutual Provident Society. He was appointed to the New South Wales Legislative Council in February 1887, but was largely inactive in it after 1889. Lloyd died at his home, Scotforth, in the Sydney suburb of Elizabeth Bay, survived by five sons and three daughters. George Lloyd (politician) George Alfred Lloyd (14 November 1815 – 25 December 1897) was an Australian politician, elected as a member for Newcastle from 1869 to 1877, 1880 to 1882