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Louise B Fedock 1913 - 2007

Louise B Fedock of Lansdale, Montgomery County, PA was born on October 28, 1913, and died at age 93 years old on April 15, 2007.

Louise B Fedock

Lansdale, Montgomery County, PA 19446

October 28, 1913

April 15, 2007

Female

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Louise B Fedock Louise Fedock (1913 - 2007)

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Louise B Fedock's History: 1913 - 2007

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10/28

1913

Birthday

October 28, 1913

Birthdate

Unknown

Birthplace

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04/15

2007

Death

April 15, 2007

Death date

Unknown
Cause of death

Unknown
Death location

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Louise B Fedock lived 18 years longer than the average family member when died at the age of 93.

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Louise B Fedock lived 18 years longer than the average family member when died at the age of 93.

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In 1913, in the year that Louise B Fedock 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 1933, at the age of 20 years old, Louise was alive when the day after being inaugurated, the new President, Franklin Roosevelt, declared a four-day bank holiday to stop people from withdrawing their money from shaky banks (the bank run). Within 5 days of his administration, the Emergency Banking Act was passed - reorganizing banks and closing insolvent ones. In his first 100 days, he asked Congress to repeal Prohibition (which they did), signed the Tennessee Valley Authority Act, signed legislation that paid commodity farmers to leave their fields fallow, thus ending surpluses and boosting prices, signed a bill that gave workers the right to unionize and bargain collectively for higher wages and better working conditions as well as suspending some antitrust laws and establishing a federally funded Public Works Administration, and won passage of 12 other major laws that helped the economy.

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Louise Fedock's Family Tree & Friends

Louise Fedock's Family Tree

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Louise B Fedock Oct 28, 1913 - Apr 15, 2007

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