NATIONAL TAX BILL EATS INTO INCOME;

Study of National Industrial Conference Board Shows U.S. Second In Federal Tax Burdens. INCREASE IN TWO YEARS One-Sixth of Income Went to Taxes In 1921--15 Per Cent. Higher Than In 1919.

December 10, 1922, Sunday

Section: Real Estate, Page 134, 1123 words

A comprehensive study of the growth of public expenditures and taxation in the United States, the United Kingdom, France, Germany, Italy and Japan and of the relation between taxation and national Income in these countries from 1903 to 1921 has been issued by the National Industrial Conference Board, 10 East Thirty-ninth Street, New York City.

A PDF of the full article can be had here but you'll probably have to register [free] to get to it.

Among other things, we learn that from 1903 to 1914 total expenditures of all public disbursing authorities in the United States increased from $22 to $35 per capita. Want to know how much that is in today's dollars? Here, let them do the math for ya.