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Viola Sarka 1913 - 1983

Viola Sarka of Cincinnati, Hamilton County, Ohio was born on May 5, 1913, and died at age 70 years old in September 1983.

Viola Sarka
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Cincinnati, Hamilton County, Ohio 45238
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May 5, 1913
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September 1983
Death
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Updated: October 8, 2011
Biography ID: 35837031 What's this
Viola Sarka Viola Sarka (1913 - 1983)
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Viola Sarka's History: 1913 - 1983

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  • 05/5
    1913

    Birthday

    May 5, 1913
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    Unknown
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  • 09/dd
    1983

    Death

    September 1983
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    Viola Sarka lived 4 years shorter than the average family member when died at the age of 70.
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In 1913, in the year that Viola Sarka 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, Viola was 21 years old 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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Viola Sarka's Family Tree & Friends

Viola Sarka's Family Tree

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Viola Sarka May 5, 1913 - Sep 1983
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Other Biographies

Other Sarka Family Biographies

Sarka, Adolph (Jan 6, 1921 - Feb 5, 2002) Sarka, George (Jul 9, 1937 - Feb 1975) Sarka, Minnie (Nov 8, 1918 - Oct 1984) Sarka, Sandra (Feb 24, 1953 - Jul 23, 1998) Sarka, Alice (Jun 25, 1915 - Jun 8, 2011) Sarka, Mary (May 22, 1914 - Oct 25, 2003) Sarka, Mary (Sep 1, 1920 - Apr 26, 1998) Sarka, Jennie (Apr 9, 1915 - Jun 27, 2003) Sarka, Steven (Sep 28, 1948 - Jun 2, 2011) Sarka, Albert (May 14, 1906 - Oct 1974)
Sarka, Rose (May 24, 1920 - Nov 1973) Sarka, Edward (Jan 1, 1905 - Apr 1983) Sarka, Mary (May 19, 1892 - Dec 1977) Sarka, Stephen (Jul 6, 1916 - Jun 15, 1998) Sarka, August (Nov 4, 1907 - Dec 2, 2003) Sarka, Frances (Jun 7, 1906 - Aug 23, 1994) Sarka, Rudolph (Jun 7, 1922 - Jul 31, 2006) Sarka, Frances (Dec 25, 1912 - Aug 8, 2000) Sarka, Joseph (Jan 15, 1883 - Oct 1968) Sarka, Rose (Aug 7, 1924 - May 25, 2011)
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