Proposed raising finance for social reform, and for increased construction of battleships to counter the German threat, by taxing the increment in the value of land when sold, by increasing death duties and placing a supertax on incomes above £3000. The House of Lords rejected the budget, provoking the limitations on their powers brought in by the Parliament Act of 1911.
Please log in to
consult the article in its entirety. If you are a member (student of staff) of a subscribing
institution (see List), you should be able to access the LE on
campus directly (without the need to log in), and off-campus either via the institutional log in we
offer, or via your institution's remote access facilities, or by creating a personal user account with your institutional email address. If
you are not a member of a subscribing institution, you will need to purchase a personal
subscription. For more information on how to subscribe as an individual user, please see under Individual Subcriptions.
59 words
Citation: Editors, Litencyc. "Lloyd George’s “People’s Budget”". The Literary Encyclopedia. First published 01 February 2010 [https://www.litencyc.com/php/stopics.php?rec=true&UID=5470, accessed 06 May 2024.]
