How did the United States raise the most money for the war effort?
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Studied at the University of Oxford, Lives in Oxford, UK.
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.Sep 7, 2010
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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.Sep 7, 2010