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During 1919, a series of more than 20 riotous and violent black-white race-related incidents occurred. These included the Chicago, Omaha, and Elaine Race Riots. A phenomenon known as the Red Scare took place 1918–1919. With the rise of violent Communist revolutions in Europe, leftist radicals were emboldened by the Bolshevik Revolution in ...
Federal tax policy was highly contentious during the war, with President Franklin D. Roosevelt opposing a conservative coalition in Congress. However, both sides agreed on the need for high taxes (along with heavy borrowing) to pay for the war: top marginal tax rates ranged from 81% to 94% for the duration of the war, and the income level subject to the highest rate was lowered from $5,000,000 ...
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