172:
415:
407:, which would benefit British industry and trade within the Empire, and raise revenue for social reforms at the same time; but this was also unpopular as it would have meant higher prices on imported food. According to economic theory, such tariffs would have been very beneficial for landowners, especially tariffs on agricultural produce, but the costs to ordinary consumers would have exceeded the gains to these landowners (see
1529:
57:
466:'s private urgings for the budget to be passed to avoid a crisis, the House of Lords vetoed the new budget on 30 November 1909 although it clarified that it would pass the bill as soon as the Liberals obtained an electoral mandate for it. The Liberals countered by proposing to reduce the power of the Lords. That was the main issue of the general election in
455:
repeal of paper duties, which would have benefited new cheaper newspapers aimed at men who hoped soon to be given the right to vote, at the expense of existing papers. From then on, all taxes were included in the
Finance Bill, and no such bill had been rejected, including the controversial introduction of death duties by
454:
The Lords were entitled by convention to reject but not to amend a money bill but had not rejected a budget for two centuries. Originally, the budget had included only annual renewals of existing taxes—any amendment to taxes was part of a separate Act. That ended in 1860 when the Lords rejected the
347:
This is a war Budget. It is for raising money to wage implacable warfare against poverty and squalidness. I cannot help hoping and believing that before this generation has passed away, we shall have advanced a great step towards that good time, when poverty, and the wretchedness and human
508:(Edward VII having died on 6 May 1910, seven days after the Budget was passed), that it would be acceptable to flood the House of Lords with hundreds of new Liberal Party peers to give that party a majority or a near-majority there.
443:) urged rejection of the budget to give tariff reform a chance. There were many public meetings, some of them organised by dukes, which portrayed the budget as the thin end of the socialist wedge. Lloyd George gave a speech at
500:, when the Unionists were again outpolled by their combined opponents. The result was another hung parliament, with the Liberals again relying on Labour and the Irish Parliamentary Party. Nonetheless, the Lords passed the
97:
189:
An Act to grant certain Duties of
Customs and Inland Revenue (including Excise), to alter other Duties, and to amend the Law relating to Customs and Inland Revenue (including Excise), and to make other financial
93:
473:
Despite the heated rhetoric, opinion in the country was divided. The
Unionists, with 47% of the votes, were outpolled by the Liberals and their allies from the Labour Party. The outcome was a
376:
of 6d (a further 2.5%) was proposed on the amount by which incomes of £5,000, or more (approximately £566,000 today) exceeded £3,000 (£340,000 today approx.). An increase was also proposed in
1112:
485:
for their parliamentary majority. As the price for their continued support, the Irish nationalist MPs demanded measures to remove the Lords' veto so that they could no longer block
1583:
489:. They even threatened to vote down the Budget in the House of Commons (Irish Nationalists favoured tariff reform and abhorred the planned increase in whisky duty) until
1418:
496:
As they had promised, the Lords accepted the Budget on 28 April 1910, but contention between the government and the Lords continued until the second general election in
1598:
383:
More controversially, the Budget also included a proposal for the introduction of complete land valuation and a 20% tax on increases in value when land changed hands.
315:, one of Churchill's biographers, called the People's Budget a "revolutionary concept" because it was the first budget in British history with the expressed intent of
319:
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
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degradation which always follows in its camp, will be as remote to the people of this country as the wolves which once infested its forests.
456:
231:
1398:
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1138:
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1460:
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451:; and dukes are just as great a terror and they last longer". The Conservatives wanted to force an election by rejecting the budget.
267:
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368:(9d, or 3.75%) on incomes less than £2,000, which was equivalent to roughly £225,000 in today's money—but a higher rate of one
298:
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on 29 April 1909. Lloyd George argued that the People's Budget would eliminate poverty, and commended it thus:
275:
1118:
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Mr. Balfour's poodle: an account of the struggle between the House of Lords and the government of Mr. Asquith.
200:
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opposition, many of whom were large landowners, had had an overwhelming majority in the Lords since the
184:
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1506:
501:
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324:
922:
399:. Furthermore, the Conservatives believed that money should be raised through the introduction of
1027:
877:
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119:
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61:
48:
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that introduced unprecedented taxes on the lands and incomes of
Britain's wealthy to fund new
65:
732:
Slings and Arrows – Sayings Chosen from the
Speeches of the Rt Hon David Lloyd George, OM, MP
616:
587:
447:
in
October 1909 in which he said that "a fully-equipped duke costs as much to keep up as two
1516:
963:
1511:
1060:
Murray, Bruce K. "The
Unionist Leaders and the rejection of the 'People's Budget', 1909."
727:
681:
527:
474:
377:
929:
Gilbert, Bentley
Brinkerhoff. "David Lloyd George: Land, The Budget, and Social Reform".
418:
Election poster from "Labour Party and
Democratic League" (a faction of the Labour Party)
372:(12d, or 5%) was proposed on incomes greater than £2,000, and an additional surcharge or
641:
365:
279:
1547:
1486:
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17:
1008:
843:
https://api.parliament.uk/historic-hansard/lords/1910/apr/28/finance-bill-1909-10-1
388:
213:
56:
1003:
Morgan, Kenneth O. "‘Rare and refreshing fruit’: Lloyd George's People's Budget."
868:
The peers, the parties and the people : the British general elections of 1910
1074:
636:
881:
448:
637:"The Annual RPI and Average Earnings for Britain, 1209 to Present (New Series)"
1496:
1476:
463:
439:
357:
252:
as in force today (including any amendments) within the United Kingdom, from
470:, setting the stage for a tremendous showdown, which Lloyd George relished.
433:
408:
1119:
Graham Jones and David Lloyd George. "Lloyd George on the People’s Budget"
841:
UK Parliament. (1910, April 28). Finance Bill 1909–10 (1). Retrieved from
505:
384:
373:
369:
1123:
504:
when faced with the threat, obtained from a narrowly-convinced new King
1088:
1031:
404:
1098:(references dated 1909-04-29 to 1911-03-02 are to the People's Budget)
941:
David Lloyd George A Political Life: The Architect of Change 1863–1912
400:
565:
The Last Lion: Winston Spencer Churchill, Visions of Glory 1874–1932
1069:
Watson, Steven. "The Budget and the Lords: the Crisis of 1909–11."
723:
413:
391:. This would have had a major effect on large landowners, and the
919:
Trusting Leviathan: The Politics of Taxation in Britain 1799–1914
1017:
The People's Budget , 1909-10: Lloyd George and Liberal Politics
1127:
352:
The budget included several proposed tax increases to fund the
686:"Henry George and Churchill's "The People's Rights": Part 1"
1022:
Murray, Bruce K. "The Politics of the 'People's Budget'."
1115:
David Lloyd George Exhibition, National Library of Wales
387:
were based on the ideas of the American tax reformer
1469:
1161:
911:. London: Barrie and Rockliff with Pall Mall Press.
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1009:https://doi.org/10.1111/j.1744-540X.2009.00551.x
943:(Ohio State University Press, 1987), pp 361-398
734:. London: Cassell and Company, Ltd. p. 111.
921:(Cambridge University Press, 2001), chapter 11.
345:
948:Lloyd George, the people's champion, 1902-1911
1139:
8:
32:
1146:
1132:
1124:
615:. London: Hodder & Stoughton. p.
154:
31:
1584:History of taxation in the United Kingdom
1492:Government spending in the United Kingdom
1113:The People's Budget and the Welfare State
970:The People's Budget: An Edwardian Tragedy
785:. London: Century Ltd. pp. 342–343.
633:inflation figures are based on data from
553:The People's Budget: An Edwardian Tragedy
305:; called the "Terrible Twins" by certain
282:for a year and became law in April 1910.
1599:Political history of the United Kingdom
781:Palmer, Alan; Palmer, Veronica (1992).
544:
888:(14th ed.). Harlow, UK: Longman.
726:(1929). "Budget:Newcastle Speech". In
250:Text of the Finance (1909–10) Act 1910
886:Constitutional and Administrative Law
243:Text of statute as originally enacted
7:
1043:"The "People's Budget" A Century On"
493:pledged to introduce such measures.
232:Tobacco Planting and Sowing Act 1660
586:. George H. Doran company. p.
533:Welfare state in the United Kingdom
25:
1019:(Oxford University Press. 1980).
907:The Liberals in Power (1905–1914)
783:The Chronology of British History
335:The Budget was introduced in the
323:in 1910 and the enactment of the
1589:Income tax in the United Kingdom
1528:
1527:
1502:Office for Budget Responsibility
1062:South African Historical Journal
853:Bradley & Ewing 2007, p. 204
177:Parliament of the United Kingdom
170:
55:
477:, with the Liberals relying on
299:President of the Board of Trade
278:in 1909 but was blocked by the
1054:Liberal Democrat History Group
939:Gilbert, Bentley Brinkerhoff.
1:
1609:Welfare in the United Kingdom
1073:(1953) 3#4 pp. 240–248.
1041:Murray, Bruce (Autumn 2009).
861:General and cited references
287:Chancellor of the Exchequer
1635:
1436:September 2022 mini-budget
1050:Journal of Liberal History
931:American Historical Review
159:Finance (1909–10) Act 1910
152:United Kingdom legislation
49:Finance (1909–10) Act 1910
1525:
972:(Shepheard-Walwyn, 2008).
483:Irish Parliamentary Party
285:It was championed by the
272:social welfare programmes
201:10 Edw. 7. & 1 Geo. 5
169:
164:
137:
54:
1574:1910 in economic history
1569:1910 in British politics
1564:1910s government budgets
1559:1909 in economic history
1554:1909 in British politics
933:81.5 (1976): 1058–1066.
423:Constitutional stand-off
27:1910 British legislation
987:. London: John Murray.
983:King Edward The Seventh
635:Clark, Gregory (2017).
354:Liberal welfare reforms
1604:United Kingdom budgets
1026:16#3 (1973): 555–570.
1005:Public Policy Research
419:
380:and naval rearmament.
350:
266:was a proposal of the
1579:Constitutional crises
1451:2023 autumn statement
1441:2022 autumn statement
1155:United Kingdom budget
950:(1978). pp.170–291.
903:Cross, Colin (1963).
690:The Churchill Project
662:Murray 2009, pp. 6, 9
609:"The People's Budget"
523:Budget Protest League
417:
397:Liberal split in 1886
393:Conservative-Unionist
317:redistributing wealth
293:, and his young ally
42:United Kingdom budget
1101:"Budget Resolution"
567:(1983), pp. 408–409.
563:William Manchester,
457:Sir William Harcourt
431:(who published both
18:People's budget
1507:Parliament Act 1911
1419:Winter Economy Plan
1064:8.1 (1976): 84–103.
832:Magnus 1964, p. 548
814:Magnus 1964, p. 546
805:Murray 1973, p. 560
771:Magnus 1964, p. 536
762:Magnus 1964, p. 531
753:Magnus 1964, p. 530
744:Magnus 1964, p. 534
724:Lloyd George, David
713:Magnus 1964, p. 532
671:Magnus 1964, p. 527
605:Lloyd George, David
502:Parliament Act 1911
445:Newcastle upon Tyne
325:Parliament Act 1911
236:Navigation Act 1663
44:
1614:David Lloyd George
1024:Historical journal
823:Murray 2009, p. 12
684:(20 March 2019) .
631:Retail Price Index
420:
341:David Lloyd George
337:British Parliament
313:William Manchester
291:David Lloyd George
268:Liberal government
254:legislation.gov.uk
120:David Lloyd George
62:David Lloyd George
1619:Winston Churchill
1541:
1540:
1015:Murray, Bruce K.
917:Daunton, Martin.
895:978-1-4058-1207-8
694:Hillsdale College
429:Northcliffe Press
360:was held at nine
321:general elections
295:Winston Churchill
260:
259:
223:Other legislation
165:Act of Parliament
150:
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66:Winston Churchill
16:(Redirected from
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1517:Spring Statement
1482:Budget Broadcast
1414:Summer statement
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274:. It passed the
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475:hung parliament
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264:People's Budget
228:Repeals/revokes
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518:Budget League
516:
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498:December 1910
494:
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301:and a fellow
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255:
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218:29 April 1910
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142:
136:
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128:
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109:
108:Liberal Party
106:
102:
99:
95:
92:
88:
85:29 April 1910
84:
80:
77:29 April 1909
76:
72:
67:
63:
58:
53:
50:
46:
37:1909 and 1910
33:1909 and 1910
30:
19:
1532:
1461:October 2024
1431:October 2021
1168:
1087:
1070:
1061:
1049:
1023:
1016:
1004:
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918:
906:
885:
867:
849:
837:
828:
819:
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782:
776:
767:
758:
749:
740:
731:
718:
709:
697:. Retrieved
689:
676:
667:
658:
646:. Retrieved
640:
625:
613:Better Times
612:
599:
591:
582:
572:
564:
559:
552:
547:
495:
472:
468:January 1910
461:
453:
449:Dreadnoughts
438:
432:
426:
389:Henry George
382:
378:death duties
351:
346:
334:
311:
307:Conservative
284:
263:
261:
214:Royal assent
130:
29:
882:Ewing, K.D.
190:provisions.
64:(left) and
1548:Categories
1497:Money bill
1477:Budget Day
1456:March 2024
1426:March 2021
1394:March 2017
1379:March 2015
1349:March 2010
1259:March 1993
1184:April 1979
994:0140026584
464:Edward VII
440:Daily Mail
385:Land taxes
358:Income tax
185:Long title
115:Chancellor
90:Parliament
1384:July 2015
1354:June 2010
1189:June 1979
1092:indexes:
592:April 29.
539:Citations
459:in 1894.
434:The Times
409:Corn Laws
74:Presented
1534:Category
979:(1964).
884:(2007).
699:27 April
607:(1910).
580:(1922).
512:See also
506:George V
481:and the
462:Despite
437:and the
374:supertax
370:shilling
331:Overview
196:Citation
1162:By year
1089:Hansard
1056:: 4–13.
1034:. also
1032:2638204
962:(1968)
870:(1972)
730:(ed.).
491:Asquith
405:imports
401:tariffs
364:in the
303:Liberal
139:‹
131:Hansard
126:Website
68:(right)
35: (
1075:online
1052:(64).
1036:online
1030:
991:
964:online
952:online
935:online
923:online
892:
872:online
789:
479:Labour
203:. c. 8
82:Passed
1470:Other
1086:From
1046:(PDF)
1028:JSTOR
648:7 May
366:pound
362:pence
208:Dates
145:1911›
104:Party
1446:2023
1409:2020
1404:2018
1389:2016
1374:2014
1369:2013
1364:2012
1359:2011
1344:2009
1339:2008
1334:2007
1329:2006
1324:2005
1319:2004
1314:2003
1309:2002
1304:2001
1299:2000
1294:1999
1289:1998
1284:1997
1279:1996
1274:1995
1269:1994
1254:1992
1249:1991
1244:1990
1239:1989
1234:1988
1229:1987
1224:1986
1219:1985
1214:1984
1209:1983
1204:1982
1199:1981
1194:1980
1179:1978
1174:1972
1169:1909
1106:1910
1103:1909
989:ISBN
890:ISBN
787:ISBN
701:2022
650:2024
427:The
141:1908
98:29th
96:and
94:28th
629:UK
617:143
588:118
411:).
403:on
339:by
1550::
1048:.
880:;
692:.
688:.
639:.
611:.
590:.
356:.
327:.
289:,
234:,
1147:e
1140:t
1133:v
997:.
898:.
795:.
703:.
652:.
619:.
256:.
39:)
20:)
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