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Margaret M Demus 1913 - 2004

Margaret M Demus of Ocean City, Cape May County, NJ was born on December 23, 1913, and died at age 90 years old on April 24, 2004.

Margaret M Demus

Ocean City, Cape May County, NJ 08226

December 23, 1913

April 24, 2004

Female

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Margaret M Demus Margaret Demus (1913 - 2004)

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Margaret M Demus' History: 1913 - 2004

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12/23

1913

Birthday

December 23, 1913

Birthdate

Unknown

Birthplace

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04/24

2004

Death

April 24, 2004

Death date

Unknown
Cause of death

Unknown
Death location

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Margaret M Demus lived 22 years longer than the average family member when died at the age of 90.

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Margaret M Demus lived 22 years longer than the average family member when died at the age of 90.

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In 1913, in the year that Margaret M Demus 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 1931, by the time she was 18 years old, on May 1st, the Empire State Building opened in New York City. At 1,454 feet (including the roof and antenna), it was the tallest building in the world until the World Trade Center's North Tower was built in 1970. (It is now the 34th tallest.) Opening at the beginning of the Great Depression, most of the offices in the Empire State Building remained unoccupied for years and the observation deck was an equal source of revenue and kept the building profitable.

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Margaret Demus' Family Tree & Friends

Margaret Demus' Family Tree

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Margaret M Demus Dec 23, 1913 - Apr 24, 2004

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