Harper's Pictorial Library of the World War, Volume XII

Note 20 — V—THE MONEY COST OF THE WAR Over $210,000,000,000 Spent by the Belligerents—How This Stupendous Sum Was Raised—What the War Cost Uncle Sam

Reading edition

As the new taxes are payable in instalments, about 2 millions of the 1919 tax will not be received until the fiscal year 1920. Making allowance for this the proportion of taxes on wealth really ascribable to the year 1919 rises to 80.6 per cent.

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