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Lawrence R Zirker 1907 - 1996

Lawrence R Zirker of North Salt Lake, Davis County, UT was born on June 1, 1907, and died at age 88 years old on February 16, 1996.

Lawrence R Zirker
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North Salt Lake, Davis County, UT 84054
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June 1, 1907
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February 16, 1996
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Updated: November 10, 2011
Biography ID: 81800885 What's this
Lawrence R Zirker Lawrence Zirker (1907 - 1996)
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Lawrence R Zirker's History: 1907 - 1996

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  • 06/1
    1907

    Birthday

    June 1, 1907
    Birthdate
    Unknown
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  • 02/16
    1996

    Death

    February 16, 1996
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  • Did you know?
    Lawrence R Zirker lived 8 years longer than the average family member when died at the age of 88.
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In 1907, in the year that Lawrence R Zirker 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.
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In 1913, he was only 6 years old 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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Lawrence R Zirker Jun 1, 1907 - Feb 16, 1996
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Other Biographies

Other Zirker Family Biographies

Zirker, Helen (Jun 6, 1903 - Jul 1990) Zirker, Werner (Feb 5, 1909 - Jul 29, 1990) Zirker, Milly (Jan 4, 1888 - Jun 1971) Zirker, Thomas (Sep 25, 1956 - Jun 8, 2006) Zirker, Joseph (Jan 29, 1899 - Aug 1970) Zirker, Agnes (May 13, 1903 - Sep 1982) Zirker, Herbert (Jul 20, 1907 - Aug 22, 1998) Zirker, Carola (Apr 1, 1909 - Dec 20, 2005) Zirker, Lothar (Feb 26, 1914 - Sep 21, 2005) Zirker, Rose (May 25, 1900 - Jan 30, 1989)
Zirker, Lucy (Mar 2, 1881 - Mar 1985) Zirker, Charles (May 3, 1885 - Jan 1975) Zirker, Carl (Feb 9, 1907 - Dec 17, 1999) Zirker, Raymond (Apr 9, 1913 - Feb 3, 1990) Zirker, George (Oct 28, 1872 - Feb 1965) Zirker, Robert (Apr 8, 1908 - Feb 14, 2003) Zirker, Florence (Nov 18, 1912 - Sep 30, 2006) Zirker, Minnie (Jun 23, 1889 - Mar 1965) Zirker, Georgia (Jun 14, 1917 - Sep 15, 2005) Zirker, Anna (Nov 8, 1888 - Oct 31, 1988)
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