Social issues-Changes in taxation and People's Budget Flashcards
1
Q
What was the main purpose of the 1909 budget?
A
To fund social reforms
2
Q
What secondary military purpose did it have?
A
To fund naval shipbuilding
3
Q
What new kinds of taxation did it introduce?
A
Taxes on cars based on horsepower, inheritance tax, super tax, income tax and tax on profits from selling land.
4
Q
Why did the House of Lords reject the budget?
A
It was taxing the rich
5
Q
How did Lloyd George respond to Conservative criticism that he was starting a ‘class war’?
A
He said it was a war budget against poverty.
