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Charles Dinatale 1913 - 1968

Charles Dinatale was born on February 14, 1913, and died at age 55 years old in November 1968. Family, friend, or fan, this family history biography is for you to remember Charles Dinatale.

Charles Dinatale

February 14, 1913

November 1968

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Charles Dinatale Charles Dinatale (1913 - 1968)

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Charles Dinatale's History: 1913 - 1968

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02/14

1913

Birthday

February 14, 1913

Birthdate

Unknown

Birthplace

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11/dd

1968

Death

November 1968

Death date

Unknown
Cause of death

Unknown
Death location

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Charles Dinatale lived 20 years shorter than the average family member when died at the age of 55.

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Charles Dinatale lived 20 years shorter than the average family member when died at the age of 55.

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In 1913, in the year that Charles Dinatale 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 1929, when he was 16 years old, on October 29th (Black Tuesday), the stock market crashed in the United States. Billions of dollars were lost and some investors committed suicide as a result, having lost their fortunes. This ushered in the 12 year, worldwide Great Depression.

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