History, asked by lsasfour, 3 months ago

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Answered by prashantkishor
3

Explanation:

To a degree that will surprise many, the US funded its World War II effort largely by raising taxes and tapping into Americans' personal savings. ... During the War, Americans purchased approximately $186 billion worth of war bonds, accounting for nearly three quarters of total federal spending from 1941-1945

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Answered by genivedaan06
1

The USA spent 10 times the money used in ww1 on military amd war efforts during the ww2. Much of this amount was made possible through taxes.

  • The revenue act of 1942 raised corporaye taxes and required almost all Americans to pay income taxes.

•The legislature of the US government, the Congress had approved a system for withholding taxes from workers' paychecks which is still in effect.

  • The government alsio borrowed money. The govt sold war bonds. Celebrities and movie stars used to urge the people to buy these bonds to show support for the country.
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