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Louis Bunte 1913 - 1977

Louis Bunte of Florida was born on October 9, 1913, and died at age 63 years old in June 1977.

Louis Bunte

Florida 32048

October 9, 1913

June 1977

Male

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Louis Bunte Louis Bunte (1913 - 1977)

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Louis Bunte's History: 1913 - 1977

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10/9

1913

Birthday

October 9, 1913

Birthdate

Unknown

Birthplace

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06/dd

1977

Death

June 1977

Death date

Unknown
Cause of death

Unknown
Death location

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Louis Bunte lived 11 years shorter than the average family member when died at the age of 63.

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Louis Bunte lived 11 years shorter than the average family member when died at the age of 63.

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In 1913, in the year that Louis Bunte 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 1935, he was 22 years old when on August 14, the Social Security Act was signed into law. The purpose was to "provide federal assistance to those unable to work". The law established the Social Security Administration whose primary focus was to "provide aid for the elderly, the unemployed, and children". The Act survived many Supreme Court challenges and the Administration continues until today.

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