Taxes

War Bonds

A war bond was both an investment in one's country and an investment in one's financial future. Americans could purchase a war bond for $18.75. The government would take that money and immediately pay for tanks, planes, ships, uniforms, weapons, medicine, food, and everything else the military needed to fight World War II. After ten years the purchaser could cash it in for $25. Americans purchased about $185 billion worth of bonds during the war.