Inflation-adjusted Numbers
Corrected for inflation by CPI:
| 1918 dollars | 2005 dollars |
|---|---|
| $1,000,000 | $12,933,775 |
| $2,000,000 | $25,867,550 |
Read more about this topic: Revenue Act Of 1918
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“Old age equalizes—we are aware that what is happening to us has happened to untold numbers from the beginning of time. When we are young we act as if we were the first young people in the world.”
—Eric Hoffer (1902–1983)
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