In early 20th century Britain, David Lloyd George as Chancellor introduced the People's Budget in 1909 with a small tax on land values—meant as a foot in the door that would later increase—but the valuation process was an administrative nightmare that stretched on for years and essentially halted during World War I, never to be properly resumed.

factualpending

Speaker

Michael Bird

Evidence Quote

David Lloyd George is Chancellor of the Exchequer. And he brings in the People's Budget in 1906 and tries to bring in a uh tax on land values.

Source

How Land is the Lynchpin in the Global Banking Systems | Interview: Mike BirdThe Dispatch
Created: 8/11/2026, 7:18:57 AM

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