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Marshall Cavit 1913 - 2000

Marshall Cavit of Wilmore, Jessamine County, KY was born on August 8, 1913, and died at age 87 years old on August 26, 2000.

Marshall Cavit
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Wilmore, Jessamine County, KY 40390
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August 8, 1913
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August 26, 2000
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Updated: November 4, 2011
Biography ID: 57053712 What's this
Marshall Cavit Marshall Cavit (1913 - 2000)
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Marshall Cavit's History: 1913 - 2000

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  • 08/8
    1913

    Birthday

    August 8, 1913
    Birthdate
    Unknown
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  • 08/26
    2000

    Death

    August 26, 2000
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  • Did you know?
    Marshall Cavit lived 11 years longer than the average family member when died at the age of 87.
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In 1913, in the year that Marshall Cavit 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.
Did you know?
In 1933, Marshall was 20 years old 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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Marshall Cavit's Family Tree & Friends

Marshall Cavit's Family Tree

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Marshall Cavit Aug 8, 1913 - Aug 26, 2000
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Other Biographies

Other Cavit Family Biographies

Cavit, Barbara (Oct 5, 1928 - May 14, 1997) Cavit, Catherine (Oct 30, 1916 - Sep 6, 2000) Cavit, Henry (Jan 9, 1915 - Dec 1984) Cavit, Ulas (Mar 3, 1919 - Jun 1976) Cavit, Melvin (Aug 18, 1944 - May 9, 1981) Cavit, George (Feb 4, 1882 - Apr 1970) Cavit, George (Jun 16, 1916 - Dec 30, 1995) Cavit, Dale (Aug 6, 1919 - Dec 1, 2005)
Cavit, Dorothy (Jul 30, 1925 - Jun 7, 2010) Cavit, Virginia (Apr 12, 1921 - Feb 5, 2005) Cavit, Minnie (Nov 19, 1880 - Jun 15, 1966) Cavit, James (Aug 29, 1917 - Nov 1984) Cavit, Louise (Aug 2, 1914 - Oct 15, 2007) Cavit, Myrtle (Jan 8, 1896 - Dec 1974) Cavit, Elizabeth (Oct 20, 1926 - Dec 1987) Cavit, James (Dec 13, 1898 - Apr 30, 1995)
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