Budget Protest League Budget Protest League The Budget Protest League was a British pressure group formed in June 1909 and led by Walter Long to oppose David Lloyd George's "People's Budget" outside of Parliament. The League attacked the Budget's Finance (1909-10) Act 1910 as Socialist because of its income tax rises, increased death duties, and a land value tax in order to redistribute this to old age pensions. It was not linked to tariff reform. It produced posters outlining its opposition to Lloyd George and the Budget. In a letter to "The Times" announcing the formation of the Budget Protest League, Long said:
David Lloyd George Conservative majority in the House of Lords. The elections of 1910 narrowly upheld the Liberal government. The 1909 budget was passed on 28 April 1910 by the Lords, and received the Royal Assent on the 29th. Subsequently, the Parliament Act 1911 curtailed the veto power of the House of Lords. Although old-age pensions had already been introduced by Asquith as Chancellor, Lloyd George was largely responsible for the introduction of state financial support for the sick and infirm (known colloquially as "going on the Lloyd George" for decades afterwards)—legislation referred to as the Liberal Reforms. Lloyd George also succeeded in