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Ralph Huskey 1907 - 1983

Ralph Huskey of Phoenix, Maricopa County, Arizona was born on June 18, 1907, and died at age 75 years old in January 1983.

Ralph Huskey

Phoenix, Maricopa County, Arizona 85022

June 18, 1907

January 1983

Male

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Ralph Huskey Ralph Huskey (1907 - 1983)

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Ralph Huskey's History: 1907 - 1983

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06/18

1907

Birthday

June 18, 1907

Birthdate

Unknown

Birthplace

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01/dd

1983

Death

January 1983

Death date

Unknown
Cause of death

Unknown
Death location

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Ralph Huskey lived 5 years longer than the average family member when died at the age of 75.

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Ralph Huskey lived 5 years longer than the average family member when died at the age of 75.

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Did you know?

In 1907, in the year that Ralph Huskey was born, in October, over a 3 week period, the New York stock exchange fell almost 50% from the previous year's high mark. Public panic ensued and there were runs on banks since the U.S. was in the middle of a recession. J.P. Morgan offered his own fortune to back the banks and he was followed by other financiers. This temporarily shored up the banking system, stopping the immediate panic. All of this led to the creation of the Federal Reserve.

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In 1913, at the age of just 6 years old, Ralph was alive when 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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