It
took a tremendous amount of money to pay for the war. The
U.S. government conducted 7 war loans and a victory loan to
raise funds for fighting the war and controling inflation.
It sold more than $156,893,000,000 in bonds, certificates,
notes and stamps. The government also imposed a special excise
tax on such luxury products as jewelry and cosmetics and levied
an excess-profits tax on corporations.
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