Winder Cowan (1892 - 1980)

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1892 - In the year that Winder Cowan was born, on August 4th, the father and stepmother of Lizzie Borden were found murdered. Lizzie was accused of the crime and on June 20th of the next year, she was acquitted of murder by a jury. But she was never acquitted in the public mind.

1913 - When this person was 21 years old, 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.

1926 - This person was 34 years old when on November 15th, NBC was founded. It was the U.S.'s first major broadcast network. Ownership of the network was split between RCA (a majority partner at 50%), its founding corporate parent General Electric (which owned 30%), and Westinghouse (which owned the remaining 20%).

1965 - By the time this person was 73 years old, from August 11 to 16, riots broke out in Watts, a Black section of Los Angeles. An allegedly drunk African-American driver was stopped by LA police and, after a fight, police brutality was alleged - and the riots began. 34 people died in the rioting and over $40 million in property damage occurred. The National Guard was called in to help the LA police quell rioting.

1980 - In the year of Winder Cowan's passing, on December 8th, ex-Beatle John Lennon was shot and killed by Mark David Chapman in front of his home - the Dakota - in New York City. Chapman was found guilty of murder and still remains in jail.

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