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Margaret Pressler 1913 - 1977

Margaret Pressler was born on July 5, 1913, and died at age 64 years old in August 1977. Family, friend, or fan, this family history biography is for you to remember Margaret Pressler.

Margaret Pressler

July 5, 1913

August 1977

Female

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Margaret Pressler Margaret Pressler (1913 - 1977)

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Margaret Pressler's History: 1913 - 1977

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07/5

1913

Birthday

July 5, 1913

Birthdate

Unknown

Birthplace

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08/dd

1977

Death

August 1977

Death date

Unknown
Cause of death

Unknown
Death location

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Margaret Pressler lived 10 years shorter than the average family member when died at the age of 64.

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Margaret Pressler lived 10 years shorter than the average family member when died at the age of 64.

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In 1913, in the year that Margaret Pressler 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 1927, Margaret was merely 14 years old when aviator and media darling Charles Lindbergh, age 25, made the first successful solo TransAtlantic flight. "Lucky Lindy" took off from Long Island in New York and flew to Paris, covering 3,600 statute miles and flying for 33 1⁄2-hours. His plane "The Spirit of St. Louis" was a fabric-covered, single-seat, single-engine "Ryan NYP" high-wing monoplane designed by both Lindbergh and the manufacturer's chief engineer.

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