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Joseph J Ponessi 1907 - 1988

Joseph J Ponessi was born on February 15, 1907, and died at age 81 years old on February 26, 1988. Family, friend, or fan, this family history biography is for you to remember Joseph J Ponessi.

Joseph J Ponessi
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February 15, 1907
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February 26, 1988
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Male
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Updated: October 4, 2011
Biography ID: 10909613 What's this
Joseph J Ponessi Joseph Ponessi (1907 - 1988)
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Joseph J Ponessi's History: 1907 - 1988

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  • 02/15
    1907

    Birthday

    February 15, 1907
    Birthdate
    Unknown
    Birthplace
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  • 02/26
    1988

    Death

    February 26, 1988
    Death date
    Unknown
    Cause of death
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  • Did you know?
    Joseph J Ponessi lived 14 years longer than the average family member when died at the age of 81.
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Did you know?
In 1907, in the year that Joseph J Ponessi was born, in October, over a 3 week period, the New York stock exchange fell almost 50% from the previous year's high mark. Public panic ensued and there were runs on banks since the U.S. was in the middle of a recession. J.P. Morgan offered his own fortune to back the banks and he was followed by other financiers. This temporarily shored up the banking system, stopping the immediate panic. All of this led to the creation of the Federal Reserve.
Did you know?
In 1913, at the age of merely 6 years old, Joseph was alive when 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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Joseph Ponessi's Family Tree & Friends

Joseph Ponessi's Family Tree

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Joseph J Ponessi Feb 15, 1907 - Feb 26, 1988
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Other Biographies

Other Joseph Ponessi Biographies

Ponessi, Joseph (Feb 28, 1955 - Dec 1982)

Other Ponessi Family Biographies

Ponessi, Jane (Aug 28, 1931 - Apr 24, 1995) Ponessi, James (Nov 21, 1910 - Jan 9, 1995) Ponessi, Elizabeth (Jan 28, 1907 - Sep 1974)
Ponessi, Catherine (Mar 17, 1917 - Oct 1998) Ponessi, James (Aug 9, 1944 - May 31, 2008) Ponessi, Joseph (Feb 28, 1955 - Dec 1982)
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