People's Budget of 1909

E62002

The People's Budget of 1909 was a landmark British fiscal reform proposed by David Lloyd George that introduced unprecedented taxes on the wealthy to fund social welfare programs, triggering a constitutional crisis with the House of Lords.

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Observed surface forms (2)

Surface form Occurrences
People's Budget 1
People’s Budget 1909 1

Statements (48)

Predicate Object
instanceOf budget
fiscal reform
taxation measure
aimedTo finance old-age pensions
finance social insurance
fund social welfare programs
redistribute wealth
reduce poverty
appliesToJurisdiction United Kingdom NERFINISHED
conflictType budgetary conflict
class-based political conflict
country United Kingdom
government Liberal Government (1905–1915)
surface form: Liberal government
hasEffect expansion of social spending
increased role of the state in social policy
increased tax burden on high-income earners
historicalSignificance first British budget to explicitly redistribute wealth through taxation
key episode in British constitutional history
milestone in development of the British welfare state
ideology New Liberalism
influenced limitation of House of Lords veto power
introducedBy David Lloyd George
legislativeOutcome strengthening of House of Commons supremacy
locationOfDebate House of Commons of the United Kingdom
surface form: House of Commons

House of Lords
opposedBy Conservative Party (UK)
surface form: Conservative Party

House of Lords
partOf Liberal welfare reforms
pointInTime 1909
policyArea public finance
social welfare
taxation
positionHeldByProposer Chancellor of the Exchequer
primeMinisterAtTime Herbert Henry Asquith
surface form: H. H. Asquith
relatedEvent December 1910 United Kingdom general election
January 1910 United Kingdom general election
relatedTo Parliament Acts 1911 and 1949
surface form: Parliament Act 1911
supportedBy Labour Party (UK)
surface form: Labour Party

Liberal Party (UK)
surface form: Liberal Party
taxTarget large landowners
unearned income
wealthy individuals
taxTypeIntroduced higher death duties
increased income tax on the wealthy
land value tax
super-tax on high incomes
triggered conflict between House of Commons and House of Lords
constitutional crisis

Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

Liberal Government (1905–1915) legislated People's Budget of 1909
this entity surface form: People’s Budget 1909
Edwardian era majorEvent People's Budget of 1909
David Lloyd George notableWork People's Budget of 1909
this entity surface form: People's Budget