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Clarence Stommes 1913 - 1976

Clarence Stommes was born on March 2, 1913, and died at age 62 years old in February 1976. Family, friend, or fan, this family history biography is for you to remember Clarence Stommes.

Clarence Stommes
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March 2, 1913
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February 1976
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Updated: November 8, 2011
Biography ID: 72323849 What's this
Clarence Stommes Clarence Stommes (1913 - 1976)
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Clarence Stommes' History: 1913 - 1976

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  • 03/2
    1913

    Birthday

    March 2, 1913
    Birthdate
    Unknown
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  • 02/dd
    1976

    Death

    February 1976
    Death date
    Unknown
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  • Did you know?
    Clarence Stommes lived 10 years shorter than the average family member when died at the age of 62.
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In 1913, in the year that Clarence Stommes 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.
Did you know?
In 1934, he was 21 years old when on June 6th, the U.S. Securities and Exchange Commission was formed as a response to the stock market crash of 1929 and the continuing Great Depression. Previously, the states regulated the offering and sales of stocks - called "blue sky" laws. They were largely ineffective. Roosevelt created a group (one member was Joseph Kennedy, father of the future President Kennedy) who knew Wall Street well and they defined the mission and operating mode for the SEC. The new organization had broad and stringent rules and oversight and restored public confidence in the stock market in the United States.
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Clarence Stommes' Family Tree & Friends

Clarence Stommes' Family Tree

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Clarence Stommes Mar 2, 1913 - Feb 1976
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Other Biographies

Other Stommes Family Biographies

Stommes, Clara (Nov 28, 1892 - May 1993) Stommes, Emeline (Jan 29, 1904 - Jan 11, 1993) Stommes, Lois (Mar 26, 1926 - Feb 23, 2001) Stommes, Amanda (Apr 20, 1928 - Jun 4, 2007) Stommes, Catherine (Oct 19, 1910 - Jul 29, 2005) Stommes, Alfred (Sep 19, 1921 - Dec 31, 2005) Stommes, Scott (Sep 6, 1971 - Jun 20, 1998) Stommes, Victor (Dec 17, 1921 - Jun 2, 2009) Stommes, John (Nov 29, 1897 - Nov 1968) Stommes, Evelyn (Jan 11, 1933 - Sep 9, 1998)
Stommes, Ralph (Jul 10, 1926 - Jul 5, 2002) Stommes, Wilfred (Oct 6, 1924 - Mar 7, 1996) Stommes, Joseph (Aug 27, 1910 - Jul 16, 2003) Stommes, David (Oct 25, 1943 - Jan 1978) Stommes, Vernon (Apr 11, 1958 - Oct 6, 1994) Stommes, Rachelle (Apr 17, 1967 - Apr 30, 1998) Stommes, Alphonse (Jul 30, 1908 - Mar 1985) Stommes, Mathilda (Aug 30, 1914 - Oct 5, 1997) Stommes, Loretta (Mar 14, 1910 - Mar 7, 2005) Stommes, Dorothy (Dec 29, 1910 - May 18, 1997)
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