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Basil E Shofner 1913 - 1990

Basil E Shofner was born on September 24, 1913, and died at age 76 years old on June 7, 1990. Family, friend, or fan, this family history biography is for you to remember Basil E Shofner.
Basil E Shofner
September 24, 1913
June 7, 1990
Male
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Basil E Shofner's History: 1913 - 1990

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  • 09/24
    1913

    Birthday

    September 24, 1913
    Birthdate
    Unknown
    Birthplace
  • 06/7
    1990

    Death

    June 7, 1990
    Death date
    Unknown
    Cause of death
    Unknown
    Death location
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  • Did you know?
    Basil E Shofner lived 3 years longer than the average family member when died at the age of 76.
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Did you know?
In 1913, in the year that Basil E Shofner 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.
Did you know?
In 1934, by the time he was 21 years old, 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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Basil Shofner's Family Tree & Friends

Basil Shofner's Family Tree

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Friendships

Basil's Friends

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