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August 1, 2025
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jan 18, 1909 - People's Budget

Description:

Would increase taxes on the rich for spending on social welfare, introduced by David Lloyd George

The House of Lords (wealthy, conservative) reasserted their power by vetoing it BUT the king threatened to kick them out if they didn't let it pass --> popular democracy was crushing aristocratic conservatism

Added to timeline:

Date:

jan 18, 1909
Now
~ 116 years ago