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Samuel Phelps 1913 - 1984

Samuel Phelps of Clemmons, Forsyth County, North Carolina was born on September 19, 1913, and died at age 70 years old in August 1984.

Samuel Phelps
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Clemmons, Forsyth County, North Carolina 27012
Last residence
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September 19, 1913
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August 1984
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Male
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Updated: October 7, 2011
Biography ID: 32495876 What's this
Samuel Phelps Samuel Phelps (1913 - 1984)
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Samuel Phelps' History: 1913 - 1984

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  • 09/19
    1913

    Birthday

    September 19, 1913
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  • 08/dd
    1984

    Death

    August 1984
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  • Did you know?
    Samuel Phelps lived 2 years shorter than the average family member when died at the age of 70.
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In 1913, in the year that Samuel Phelps 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 1934, at the age of 21 years old, Samuel was alive when on June 6th, the U.S. Securities and Exchange Commission was formed as a response to the stock market crash of 1929 and the continuing Great Depression. Previously, the states regulated the offering and sales of stocks - called "blue sky" laws. They were largely ineffective. Roosevelt created a group (one member was Joseph Kennedy, father of the future President Kennedy) who knew Wall Street well and they defined the mission and operating mode for the SEC. The new organization had broad and stringent rules and oversight and restored public confidence in the stock market in the United States.
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Samuel Phelps' Family Tree & Friends

Samuel Phelps' Family Tree

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Samuel Phelps Sep 19, 1913 - Aug 1984
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Other Biographies

Other Samuel Phelps Biographies

Phelps, Samuel (Nov 17, 1925 - Mar 7, 1965) Phelps, Samuel (Nov 4, 1880 - Dec 1974) Phelps, Samuel (Aug 24, 1991 - Mar 26, 2004) Phelps, Samuel (Mar 2, 1923 - Dec 20, 2009) Phelps, Samuel (Jan 1, 1937 - Jun 26, 1995) Phelps, Samuel (Jan 5, 1956 - Mar 22, 1991) Phelps, Samuel (Mar 8, 1917 - Oct 1973) Phelps, Samuel (Aug 9, 1920 - Apr 15, 1999) Phelps, Samuel (Jul 12, 1906 - Mar 1963) Phelps, Samuel (Nov 1, 1923 - Dec 12, 1985)
Phelps, Samuel (Jun 3, 1944 - Aug 7, 2003) Phelps, Samuel (Aug 16, 1911 - Dec 1985) Phelps, Samuel (May 7, 1928 - Feb 28, 2007) Phelps, Samuel (Sep 16, 1912 - Apr 1969) Phelps, Samuel (Mar 29, 1896 - Jul 6, 1995) Phelps, Samuel (Dec 23, 1926 - May 28, 2006) Phelps, Samuel (Nov 29, 1944 - Nov 1977) Phelps, Samuel (Aug 27, 1908 - Jul 1, 1989) Phelps, Samuel (Apr 9, 1916 - Jun 15, 1987) Phelps, Samuel (Jun 1, 1911 - Oct 1963)

Other Phelps Family Biographies

Phelps, Francis Phelps, Jack Phelps, Dora Phelps, Julia (Born Jun 9, 1872) Phelps, Mary Phelps, William Stark, Alta (Born Feb 12, 1889) Phelps, Floyd (Sep 18, 1886 - Jan 1972) Phelps, Gene (Born Oct 26, 1942) Phelps, Albert (Born Jun 24, 1931)
Phelps, Emory (Aug 5, 1879 - Jan 1963) Phelps, Cyrus (Jun 9, 1904 - Jul 1987) Phelps, Claude (Jun 8, 1887 - Jan 1963) Phelps, Josephine (Apr 2, 1910 - Aug 25, 1995) Phelps, Bernard (Mar 19, 1918 - Jun 16, 1998) Phelps, Roland (Oct 12, 1906 - Aug 1974) Phelps, Lester (Sep 28, 1908 - Feb 1984) Phelps, Elwin (Nov 14, 1917 - Jul 20, 1988) Phelps, Robert (Apr 19, 1919 - May 1, 2010) Phelps, Andrew (Aug 12, 1924 - Jan 1981)
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