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
Gwilym Lloyd George Gwilym Lloyd George Gwilym Lloyd George, 1st Viscount Tenby, (4 December 1894 – 14 February 1967) was a British politician and cabinet minister. A younger son of Prime Minister David Lloyd George, he served as Home Secretary from 1954 to 1957. Born at Criccieth in north Wales, Lloyd George was the second son of Liberal Prime Minister David Lloyd George and his first wife, Margaret, daughter of Richard Owen. His sister Megan was also active in politics, but the two moved in opposite political directions – Gwilym to the right, towards the Conservatives, and Megan to the left, eventually joining