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Bernard Abosh 1907 - 1995

Bernard Abosch of Brooklyn, Kings County, NY was born on October 20, 1907, and died at age 87 years old on October 14, 1995.

Bernard Abosch
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Brooklyn, Kings County, NY 11235
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October 20, 1907
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October 14, 1995
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Updated: June 27, 2022
Biography ID: 8875995 What's this
Bernard Abosh Bernard Abosch (1907 - 1995)
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Bernard Abosch's History: 1907 - 1995

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  • 10/20
    1907

    Birthday

    October 20, 1907
    Birthdate
    Unknown
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  • 10/14
    1995

    Death

    October 14, 1995
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  • Did you know?
    Bernard Abosh lived 10 years longer than the average family member when died at the age of 87.
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In 1907, in the year that Bernard Abosh 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.
Did you know?
In 1913, he was only 6 years old 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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Bernard Abosch's Family Tree & Friends

Bernard Abosch's Family Tree

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Bernard Abosh Oct 20, 1907 - Oct 14, 1995
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Other Biographies

Other Abosch Family Biographies

Abosch, Charles (Jul 27, 1890 - Jan 1966) Abosch, Raphael (Apr 15, 1915 - Nov 1, 1987) Abosch, Veronica (Feb 4, 1916 - May 8, 2007) Abosch, Ruth (Nov 18, 1903 - Oct 18, 1994) Abosch, Neal (Sep 28, 1949 - Feb 25, 2008) Abosch, Fae (Oct 10, 1908 - Jun 1983) Abosch, Augusta (Jul 19, 1910 - Oct 4, 1993) Abosch, Michele (Dec 8, 1921 - May 25, 2006) Abosch, Benjamin (Mar 5, 1909 - Nov 12, 1948) Abosch, Abraham (Aug 15, 1899 - Feb 1976)
Abosch, Ralph (Oct 16, 1914 - Feb 11, 1998) Abosch, Jennie (Jan 29, 1893 - Dec 31, 1990) Abosch, Recha (Mar 1, 1890 - Jan 1976) Abosch, Sylvia (May 18, 1901 - Sep 1989) Abosch, Michael (Jan 17, 1940 - Nov 6, 2010) Abosch, Karl (Feb 16, 1910 - Feb 19, 2003) Abosch, Alfred (Feb 23, 1925 - Oct 13, 2000) Abosch, Minnie (Sep 15, 1884 - Jun 1974) Abosch, Lawrence (Jul 27, 1931 - Nov 1, 2004) Abosch, Hyman (Aug 12, 1916 - Feb 19, 2005)
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