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Albert Sachtleben 1913 - 1976

Albert Sachtleben of Southampton, Suffolk County, NY was born on October 19, 1913, and died at age 63 years old in November 1976.

Albert Sachtleben

Southampton, Suffolk County, NY 11968

October 19, 1913

November 1976

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Albert Sachtleben Albert Sachtleben (1913 - 1976)

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Albert Sachtleben's History: 1913 - 1976

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10/19

1913

Birthday

October 19, 1913

Birthdate

Unknown

Birthplace

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11/dd

1976

Death

November 1976

Death date

Unknown
Cause of death

Unknown
Death location

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Albert Sachtleben lived 14 years shorter than the average family member when died at the age of 63.

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Albert Sachtleben lived 14 years shorter than the average family member when died at the age of 63.

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In 1913, in the year that Albert Sachtleben 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 1926, he was just 13 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%).

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