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Raymond E Lusignan 1913 - 1991

Raymond E Lusignan was born on July 30, 1913, and died at age 77 years old on April 30, 1991. Family, friend, or fan, this family history biography is for you to remember Raymond E Lusignan.

Raymond E Lusignan

July 30, 1913

April 30, 1991

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Raymond E Lusignan Raymond Lusignan (1913 - 1991)

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Raymond E Lusignan's History: 1913 - 1991

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07/30

1913

Birthday

July 30, 1913

Birthdate

Unknown

Birthplace

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04/30

1991

Death

April 30, 1991

Death date

Unknown
Cause of death

Unknown
Death location

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Raymond E Lusignan lived 4 years longer than the average family member when died at the age of 77.

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Raymond E Lusignan lived 4 years longer than the average family member when died at the age of 77.

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In 1913, in the year that Raymond E Lusignan 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, by the time he was 20 years old, 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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Raymond Lusignan's Family Tree & Friends

Raymond Lusignan's Family Tree

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Raymond E Lusignan Jul 30, 1913 - Apr 30, 1991

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