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Alfonso J Riviezzo 1913 - 1990

Alfonso J Riviezzo was born on September 22, 1913 to Catherine Riviezzo and George Riviezzo, and died at age 76 years old on January 9, 1990. Family, friend, or fan, this family history biography is for you to remember Alfonso J Riviezzo.

Alfonso J Riviezzo

September 22, 1913

January 9, 1990

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Alfonso J Riviezzo Alfonso Riviezzo (1913 - 1990)

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Alfonso J Riviezzo's History: 1913 - 1990

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09/22

1913

Birthday

September 22, 1913

Birthdate

Unknown

Birthplace

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01/9

1990

Death

January 9, 1990

Death date

Unknown
Cause of death

Unknown
Death location

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Alfonso J Riviezzo lived 1 year longer than the average family member when died at the age of 76.

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Alfonso J Riviezzo lived 1 year longer than the average family member when died at the age of 76.

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In 1913, in the year that Alfonso J Riviezzo was born, ratified in February the 16th Amendment, establishing a Federal income tax, became law. Previously, customs duties (tariffs) and excise taxes were the primary sources of federal revenue. With the passage of the 16th Amendment, incomes of couples exceeding $4,000, as well as those of single persons earning $3,000 or more, were subject to a 1% Federal tax (that would be about $98,000 and $74,000 now). Rates rose to 7% for incomes over half a million dollars. Less than 1% of the population was subject to income tax.

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In 1934, Alfonso was 21 years old when on June 6th, the U.S. Securities and Exchange Commission was formed as a response to the stock market crash of 1929 and the continuing Great Depression. Previously, the states regulated the offering and sales of stocks - called "blue sky" laws. They were largely ineffective. Roosevelt created a group (one member was Joseph Kennedy, father of the future President Kennedy) who knew Wall Street well and they defined the mission and operating mode for the SEC. The new organization had broad and stringent rules and oversight and restored public confidence in the stock market in the United States.

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Alfonso Riviezzo's Family Tree & Friends

Alfonso Riviezzo's Family Tree

Catherine Riviezzo died Jan 21, 1984

George Riviezzo born c. 1922

Alfonso J Riviezzo Sep 22, 1913 - Jan 9, 1990

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