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James Trader 1913 - 1975

James Trader of Canton, Madison County, Mississippi was born on January 20, 1913, and died at age 62 years old in July 1975.

James Trader

Canton, Madison County, Mississippi 39046

January 20, 1913

July 1975

Male

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James Trader James Trader (1913 - 1975)

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James Trader's History: 1913 - 1975

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01/20

1913

Birthday

January 20, 1913

Birthdate

Unknown

Birthplace

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07/dd

1975

Death

July 1975

Death date

Unknown
Cause of death

Unknown
Death location

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James Trader lived 9 years shorter than the average family member when died at the age of 62.

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James Trader lived 9 years shorter than the average family member when died at the age of 62.

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In 1913, in the year that James Trader 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 1921, at the age of only 8 years old, James was alive when on March 4, Warren G. Harding became President. Previously a U.S. Senator, Lieutenant Governor, and Ohio State Senator, Harding was a popular President. But many scandals plagued his short administration (he died in office after 2 and a half years), including the revelations of one of his mistresses and the Teapot Dome scandal. Historically, Harding is rated as one of the worst Presidents.

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