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Bascom T Beasley 1913 - 1991

Bascom T Beasley was born on July 10, 1913, and died at age 78 years old on November 26, 1991. Family, friend, or fan, this family history biography is for you to remember Bascom T Beasley.

Bascom T Beasley

July 10, 1913

November 26, 1991

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Bascom T Beasley Bascom Beasley (1913 - 1991)

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Bascom T Beasley's History: 1913 - 1991

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07/10

1913

Birthday

July 10, 1913

Birthdate

Unknown

Birthplace

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11/26

1991

Death

November 26, 1991

Death date

Unknown
Cause of death

Unknown
Death location

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Bascom T Beasley lived 7 years longer than the average family member when died at the age of 78.

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Bascom T Beasley lived 7 years longer than the average family member when died at the age of 78.

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In 1913, in the year that Bascom T Beasley 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 1935, this person was 22 years old when on August 14, the Social Security Act was signed into law. The purpose was to "provide federal assistance to those unable to work". The law established the Social Security Administration whose primary focus was to "provide aid for the elderly, the unemployed, and children". The Act survived many Supreme Court challenges and the Administration continues until today.

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Bascom Beasley's Family Tree & Friends

Bascom Beasley's Family Tree

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Bascom T Beasley Jul 10, 1913 - Nov 26, 1991

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