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
Margaret Lloyd George Margaret Lloyd George Dame Margaret Lloyd George ("née" Owen; 4 November 1864 – 20 January 1941) was the wife of British statesman David Lloyd George from 1888 until her death in 1941. She was born on 4 November 1864 to Richard Owen, an elder of Capel Mawr of Criccieth, Caernarfonshire, a well-to-do Methodist farmer and valuer. She was educated at Dr Williams' School for Girls, Dolgelley. On 1 January 1888, she married Lloyd George. Her father initially disapproved of him. They had five children: In 1918, during her husband's premiership, Margaret was appointed Dame Grand Cross of the Order of