GOOD ONE, DAVID: you actually don't have to adjust for inflation in this case. Allow me to boldface the relevant part for you:
"WHAT HAPPENED? Over on NRO Tom Nugent displays a long list of minor taxes and writes:
Not one of these taxes existed 100 years ago when our nation was the most prosperous in the world, had absolutely no national debt, and had the largest middle class in the world.
Tapped can't find any 1903 data, but according to the Department of Commerce's Bureau of Economic Analysis, back in 1929 (the first year for which it has the number) the U.S. GDP was $103.7 billion in current dollars, whereas by 2002 it had reached more than $10.4 trillion so it seems to us that things haven't been going so badly."
"Thou shalt not extinguish thine anger, but shall master it,
that thy conscience may not be blunted by adjustment
to wrong causes."
-The Dutch Ten Commandments to Foil the Nazis
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