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Stephen Townsend 1901 - 1976

Stephen Townsend of Troy, Cheshire County, NH was born on October 16, 1901, and died at age 75 years old in December 1976.

Stephen Townsend

Troy, Cheshire County, NH 03465

October 16, 1901

December 1976

Male

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Stephen Townsend Stephen Townsend (1901 - 1976)

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Stephen Townsend's History: 1901 - 1976

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10/16

1901

Birthday

October 16, 1901

Birthdate

Unknown

Birthplace

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12/dd

1976

Death

December 1976

Death date

Unknown
Cause of death

Unknown
Death location

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Stephen Townsend lived 3 years longer than the average family member when died at the age of 75.

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Stephen Townsend lived 3 years longer than the average family member when died at the age of 75.

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In 1901, in the year that Stephen Townsend was born, the first Nobel Prizes were awarded. Chemist and engineer Alfred Nobel, who died in 1896, had provided in his will for prizes in physics, chemistry, and physiology or medicine, who have produced the most distinguished literary work of an idealist tendency, and who have contributed the most toward world peace. The winners in 1901 were: Wilhelm Conrad Röntgen for physics, Jacobus Henricus van't Hoff for chemistry, Emil Adolf von Behring for physiology or medicine, Sully Prudhomme for literature, and Jean Henry Dunant and Frédéric Passy for peace.

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In 1913, Stephen was merely 12 years old 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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