by 
Jen-Jen
ANSWERS: 3
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About 10,000 1955 dollars.
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A dollar was worth 13 cents. So $10,000 was worth $1,300.
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It takes $10,000 cash today to purchase that which $1,360 would purchase in 1950. And with higher combined federal & state/local tax rates today compared to then, it takes even more. A dollar in 1950 will buy only 12 cents worth of goods today, 88% less than before.
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