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 David Lloyd George David Lloyd George, 1st Earl Lloyd-George of Dwyfor, (17 January 1863 – 26 March 1945) was a British statesman and Liberal Party politician. He was the final Liberal to serve as Prime Minister of the United Kingdom. As Chancellor of the Exchequer (1908–1915) during H. H. Asquith's tenure as Prime Minister, Lloyd George was a key figure in the introduction of many reforms which laid the foundations of the modern welfare state. His most important role came as the highly energetic Prime Minister of the Wartime Coalition Government (1916–22), during and immediately after the First World War.