In lieu of a "war tax" to pay for a troop increase in Afghanistan, Democratic Sen. Ben Nelson (NE) is proposing war bonds.
"We didn't have a war tax in the second World War," Nelson said, and instead the government sold Americans bonds."People invested in their country, in that fashion made a lot of sense back then. I don't know why it might not make sense today, certainly in lieu of jumping to tax."
The idiots who rule us.
...I actually have no idea if there was a "war tax," but in 1944 income above $200,000 was taxed at a 94% rate. That's about $2.5 million in today's dollars.