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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“The only phenomenon with which writing has always been concomitant is the creation of cities and empires, that is the integration of large numbers of individuals into a political system, and their grading into castes or classes.... It seems to have favored the exploitation of human beings rather than their enlightenment.”
—Claude Lévi-Strauss (b. 1908)
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