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
George Lloyd, 1st Baron Lloyd George Lloyd, 1st Baron Lloyd George Ambrose Lloyd, 1st Baron Lloyd, (19 September 1879 – 4 February 1941) was a British Conservative politician strongly associated with the "Diehard" wing of the party. Lloyd was born at Olton Hall, Warwickshire, the son of Sampson Samuel Lloyd (whose namesake father was also a Member of Parliament) and Jane Emilia, daughter of Thomas Lloyd. He was educated at Eton and Trinity College, Cambridge. He coxed the Cambridge crew in the 1899 and 1900 Boat Races. He left without taking a degree, unsettled by the deaths of both his parents in 1899, and made