David Lloyd George storm when the Conservatives, with covert support from the First Sea Lord, Admiral Jackie Fisher, campaigned for more with the slogan "We want eight and we won't wait". This resulted in Lloyd George's defeat in Cabinet and the adoption of estimates including provision for eight dreadnoughts. In 1909, Lloyd George introduced his People's Budget, imposing a 20% tax on the unearned increase in value of land, payable at death of the owner or sale of the land, and ½ d. on undeveloped land and minerals, increased death duties, a rise in income tax, and the introduction of Supertax on income
Richard Lloyd George, 2nd Earl Lloyd-George of Dwyfor father died of cancer and he inherited his peerage, unusually becoming the first member of the family to sit in the House of Lords, as David Lloyd George had been too ill to do so. He wrote a biography of his mother, "Dame Margaret". Richard Lloyd George, 2nd Earl Lloyd-George of Dwyfor Richard Lloyd George, 2nd Earl Lloyd-George of Dwyfor (15 February 1889 – 1 May 1968) was a British soldier and peer in the peerage of the United Kingdom, a member of the House of Lords from 1945 until his death. The son of the Liberal prime minister David