Over the past 70 years the United States tax code has had significant and gradual changes which can be traceable to major historical events, changes to society, economy and changes in roles of the government. These changes have led to major changes in taxes collected from citizens and the amount government spends on an annual basis.
THE
RISING
TREND
ICONOLOGY
$157.254
BILLION
$108.756
BILLION
1940
POPULATION:
132 Million
*INFLATION ADJUSTED
2013
POPULATION:
315 Million
$3.685
TRILLION
$2.712
TRILLION
BRIEF TIMELINE OF
US TAX HISTORY
mouse over highlighted year
1940
adjusted for inflation:
$1,190
PER PERSON
$823
PER PERSON
1943
$7,722
per person
1944
$8,716
per person
1945
$8,559
per person
2013
$11,695
PER PERSON
$8,607
PER PERSON
WWII
AT ITS PEAK
$1.072
TRILLION
$28.613
BILLION
adjusted for inflation
US total
$1.197
TRILLION
US total
$3.685
TRILLION
2013
$660.037
BILLION
$2.439
TRILLION
1940
$209
PER PERSON
$208
PER PERSON
adjusted for inflation
2013
$2,095
PER PERSON
$7,741
PER PERSON
$7,741
PER PERSON
current spending
2013
$1,751
PER PERSON
$974
PER PERSON
$1,875
PER PERSON
$2,576
PER PERSON
$398
PER PERSON
these items make up the bulk of payments for individuals
3616%
average government spending per person increase on individual payments since 1940