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Arthur Hotchkiss 1901 - 1985

Arthur Hotchkiss of Newington, Hartford County, CT was born on September 23, 1901, and died at age 84 years old in September 1985.

Arthur Hotchkiss

Newington, Hartford County, CT 06111

September 23, 1901

September 1985

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Arthur Hotchkiss Arthur Hotchkiss (1901 - 1985)

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Arthur Hotchkiss' History: 1901 - 1985

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09/23

1901

Birthday

September 23, 1901

Birthdate

Unknown

Birthplace

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09/dd

1985

Death

September 1985

Death date

Unknown
Cause of death

Unknown
Death location

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Arthur Hotchkiss lived 8 years longer than the average family member when died at the age of 83.

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Arthur Hotchkiss lived 8 years longer than the average family member when died at the age of 83.

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Did you know?

In 1901, in the year that Arthur Hotchkiss was born, John Pierpont "J. P." Morgan created U.S. Steel. J.P. Morgan was an American banker and financier who dominated U.S. business at this time. He had previously overseen the creation of General Electric, as well as International Harvester and AT&T. He has been referred to as America's greatest banker. U.S. Steel was the first billion dollar company in the world, worth $1.4 billion in 1901.

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In 1913, Arthur was merely 12 years old when 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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