29 april 1909: grondbelasting ingevoerd en andere belastingen omhoog zogenaamd om sociale hervormingen te financieren - echter afgeschoten door House of Lords

29 April 1909

Chancellor David Lloyd George introduces the 'People's Budget'

The introduction of the new 'Dreadnought' class battleship and the subsequent naval arms race with Germany prompted David Lloyd George, the chancellor of the exchequer, to introduce a tax on land, to increase income tax, and to propose a 'super-tax' on incomes over £5,000 per annum. He presented these increases as designed to fund social reforms.

30 November 1909

House of Lords rejects the 'People's Budget'

In rejecting Chancellor David Lloyd George's budget, the Conservative-dominated House of Lords broke the parliamentary convention that the upper house should not overturn a financial bill. This ensured that House of Lords reform was one of the issues at stake in the next general election.

http://www.bbc.co.uk/history/british/timeline/worldwars_timeline_noflash.shtml (20061208)