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Victor Renko 1913 - 1988

Victor Renko of Monmouth Junction, Middlesex County, NJ was born on April 2, 1913, and died at age 75 years old on April 22, 1988.

Victor Renko

Monmouth Junction, Middlesex County, NJ 08852

April 2, 1913

April 22, 1988

Male

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Victor Renko Victor Renko (1913 - 1988)

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Victor Renko's History: 1913 - 1988

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04/2

1913

Birthday

April 2, 1913

Birthdate

Unknown

Birthplace

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04/22

1988

Death

April 22, 1988

Death date

Unknown
Cause of death

Unknown
Death location

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Victor Renko lived 1 year longer than the average family member when died at the age of 75.

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Victor Renko lived 1 year longer than the average family member when died at the age of 75.

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In 1913, in the year that Victor Renko 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 1920, Victor was merely 7 years old when in September, a bomb exploded in the J.P. Morgan bank building in New York City, killing 30 people immediately - 8 later died due to their injuries - and injuring another 200. Killing more people than the 1910 bombing of the LA Times (the deadliest terrorist act up until then), no one took responsibility and the perpetrators were never found. Italian anarchists were suspected of the bombing.

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