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Alfons Goldsand 1907 - 1990

Alfons Goldsand of New York, New York County, NY was born on July 7, 1907, and died at age 83 years old on August 7, 1990.

Alfons Goldsand
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New York, New York County, NY 10040
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July 7, 1907
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August 7, 1990
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Updated: October 6, 2011
Biography ID: 16879967 What's this
Alfons Goldsand Alfons Goldsand (1907 - 1990)
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Alfons Goldsand's History: 1907 - 1990

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  • 07/7
    1907

    Birthday

    July 7, 1907
    Birthdate
    Unknown
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  • 08/7
    1990

    Death

    August 7, 1990
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    Alfons Goldsand lived 6 years longer than the average family member when died at the age of 83.
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In 1907, in the year that Alfons Goldsand was born, in October, over a 3 week period, the New York stock exchange fell almost 50% from the previous year's high mark. Public panic ensued and there were runs on banks since the U.S. was in the middle of a recession. J.P. Morgan offered his own fortune to back the banks and he was followed by other financiers. This temporarily shored up the banking system, stopping the immediate panic. All of this led to the creation of the Federal Reserve.
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In 1913, at the age of merely 6 years old, Alfons was alive when 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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Alfons Goldsand's Family Tree & Friends

Alfons Goldsand's Family Tree

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Alfons Goldsand Jul 7, 1907 - Aug 7, 1990
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Other Biographies

Other Goldsand Family Biographies

Goldsand, Sami (Jan 7, 1885 - Jan 1970) Goldsand, Jacob (Mar 4, 1889 - Apr 1963) Goldsand, Pauline (Apr 14, 1909 - Jun 1995) Goldsand, Edward (Nov 6, 1892 - Jan 1969) Goldsand, Anna (Jul 4, 1906 - Feb 1995) Goldsand, Toby (Sep 15, 1897 - Apr 1978) Goldsand, Anne (Dec 16, 1913 - Sep 22, 1995) Goldsand, Morris (Mar 10, 1898 - Jun 1970) Goldsand, Morris (Jun 21, 1894 - May 1965) Goldsand, Aaron (Jan 2, 1908 - Dec 1987)
Goldsand, Elsie (Aug 13, 1910 - Jul 1993) Goldsand, Arthur (Jan 1, 1932 - Feb 1987) Goldsand, Bertha (Apr 15, 1885 - Aug 15, 1966) Goldsand, Irwin (Feb 13, 1930 - Jan 22, 2002) Goldsand, Leo (Nov 25, 1896 - May 1968) Goldsand, Stanley (Sep 14, 1925 - Jul 1981) Goldsand, Sigmund (Dec 18, 1906 - Dec 10, 1994) Goldsand, Jakob (Sep 20, 1923 - Nov 1984) Goldsand, Minnie (Jul 15, 1893 - Nov 1966) Goldsand, Milton (Jan 22, 1896 - Jan 1968)
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