Comment Re:People are not the largest cost of doing busine (Score 2) 87
And they had a ton more loopholes. Hence they paid less than they do today:
http://www.whitehouse.gov/sites/default/files/omb/budget/fy2012/assets/hist01z1.xls
In 1950, the US spent $42,562 million off of a $293 Billion GDP or 14.5% of GDP
In 1955, the US spent $68,444 million off of a $415 Billion GDP or 16.5% of GDP
In 2010, the US spent $3,456,213 million off of a $14.5T GDP or 23.7% of GDP