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Germaine Dihoff 1913 - 1998

Germaine Dihoff was born on April 18, 1913, and died at age 85 years old on July 29, 1998.

Germaine Dihoff
Name
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zip code XX748
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April 18, 1913
Birth
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July 29, 1998
Death
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Updated: October 6, 2011
Biography ID: 20221171 What's this
Germaine Dihoff Germaine Dihoff (1913 - 1998)
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Germaine Dihoff's History: 1913 - 1998

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  • 04/18
    1913

    Birthday

    April 18, 1913
    Birthdate
    Unknown
    Birthplace
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  • 07/29
    1998

    Death

    July 29, 1998
    Death date
    Unknown
    Cause of death
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  • Did you know?
    Germaine Dihoff lived 5 years longer than the average family member when died at the age of 85.
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In 1913, in the year that Germaine Dihoff 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 1934, Germaine was 21 years old when 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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Germaine Dihoff's Family Tree & Friends

Germaine Dihoff's Family Tree

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Germaine Dihoff Apr 18, 1913 - Jul 29, 1998
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Other Biographies

Other Dihoff Family Biographies

Dihoff, Serge (Apr 10, 1909 - Oct 1985)
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