History of liberalism for elderly workers, thereby laying the groundwork for the future British welfare state. The People's Budget of 1909, championed by David Lloyd George and fellow liberal Winston Churchill, introduced unprecedented taxes on the wealthy in Britain and radical social welfare programmes to the country's policies. It was the first budget with the expressed intent of redistributing wealth among the public. It imposed increased taxes on luxuries, liquor, tobacco, incomes, and land, – taxation that disproportionately affected the rich – so that money could be made available for new welfare programmes as well as new battleships. In 1911 Lloyd George succeeded
Earl Lloyd-George of Dwyfor family seat is Ffynone, near Boncath, Pembrokeshire. Earl Lloyd-George of Dwyfor Earl Lloyd-George of Dwyfor is a title in the peerage of the United Kingdom. It was created in 1945 for the celebrated Liberal parliamentarian David Lloyd George who served as Chancellor of the Exchequer from 1908 to 1915 and Prime Minister of the United Kingdom from 1916 to 1922. He was created Viscount Gwynedd, of Dwyfor in the County of Caernarvon, also in the peerage of the United Kingdom, at the same time. Lloyd George's family name is not hyphenated, although it was required to appear as such in