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Concetta A Giordano 1913 - 2009

Concetta A Giordano of Dennis, Barnstable County, MA was born on April 13, 1913, and died at age 96 years old on October 30, 2009.

Concetta A Giordano

Dennis, Barnstable County, MA 02638

April 13, 1913

October 30, 2009

Female

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Concetta A Giordano Concetta Giordano (1913 - 2009)

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Concetta A Giordano's History: 1913 - 2009

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04/13

1913

Birthday

April 13, 1913

Birthdate

Unknown

Birthplace

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10/30

2009

Death

October 30, 2009

Death date

Unknown
Cause of death

Unknown
Death location

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Concetta A Giordano lived 22 years longer than the average family member when died at the age of 96.

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Concetta A Giordano lived 22 years longer than the average family member when died at the age of 96.

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In 1913, in the year that Concetta A Giordano 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 1929, when she was 16 years old, on October 29th (Black Tuesday), the stock market crashed in the United States. Billions of dollars were lost and some investors committed suicide as a result, having lost their fortunes. This ushered in the 12 year, worldwide Great Depression.

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