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Walter Goldschmidt 1913 - 1981

Walter Goldschmidt of Buffalo, Erie County, NY was born on February 27, 1913, and died at age 68 years old in September 1981.

Walter Goldschmidt

Buffalo, Erie County, NY 14226

February 27, 1913

September 1981

Male

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Walter Goldschmidt Walter Goldschmidt (1913 - 1981)

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Walter Goldschmidt's History: 1913 - 1981

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02/27

1913

Birthday

February 27, 1913

Birthdate

Unknown

Birthplace

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09/dd

1981

Death

September 1981

Death date

Unknown
Cause of death

Unknown
Death location

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Walter Goldschmidt lived 11 years shorter than the average family member when died at the age of 68.

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Walter Goldschmidt lived 11 years shorter than the average family member when died at the age of 68.

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In 1913, in the year that Walter Goldschmidt 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 1939, Walter was 26 years old when in May, Disney's Snow White and the Seven Dwarfs, the first full-length animated film, reached a total international gross of $6.5 million which made it (to then) the most successful sound film of all time. First released in December 1937, it was originally dubbed "Disney's Folly" but the premiere received a standing ovation from the audience. At the 11th Academy Awards in February 1939, Walt Disney won an Academy Honorary Award - a full-size Oscar statuette and seven miniature ones - for Snow White.

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