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Karlis A Sics 1913 - 2008

Karlis A Sics of New Providence, Union County, New Jersey was born on July 12, 1913, and died at age 95 years old on October 4, 2008.

Karlis A Sics

New Providence, Union County, New Jersey 07974

July 12, 1913

October 4, 2008

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Karlis A Sics Karlis Sics (1913 - 2008)

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Karlis A Sics' History: 1913 - 2008

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07/12

1913

Birthday

July 12, 1913

Birthdate

Unknown

Birthplace

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10/4

2008

Death

October 4, 2008

Death date

Unknown
Cause of death

Unknown
Death location

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Karlis A Sics lived 20 years longer than the average family member when died at the age of 95.

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Karlis A Sics lived 20 years longer than the average family member when died at the age of 95.

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In 1913, in the year that Karlis A Sics 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 1923, when this person was only 10 years old, on August 2nd, Calvin Coolidge was sworn in as the 30th President of the United States due to the sudden death of Warren G. Harding. After the scandals of the Harding presidency, Coolidge restored public confidence and was very popular. He won the Presidential election in 1924 but declined to run again in 1928.

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