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Faustina G Torres 1913 - 1998

Faustina G Torres of Perth Amboy, Middlesex County, NJ was born on February 14, 1913, and died at age 85 years old on March 20, 1998.

Faustina G Torres

Perth Amboy, Middlesex County, NJ 08861

February 14, 1913

March 20, 1998

Female

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Faustina G Torres Faustina Torres (1913 - 1998)

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Faustina G Torres' History: 1913 - 1998

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02/14

1913

Birthday

February 14, 1913

Birthdate

Unknown

Birthplace

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03/20

1998

Death

March 20, 1998

Death date

Unknown
Cause of death

Unknown
Death location

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Faustina G Torres lived 17 years longer than the average family member when died at the age of 85.

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Faustina G Torres lived 17 years longer than the average family member when died at the age of 85.

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In 1913, in the year that Faustina G Torres 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, she was 16 years old when 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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Faustina Torres' Family Tree & Friends

Faustina Torres' Family Tree

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Faustina G Torres Feb 14, 1913 - Mar 20, 1998

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