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Michael Mcdaid 1913 - 2005

Michael Mcdaid of Portsmouth, Newport County, RI was born on May 20, 1913, and died at age 92 years old on October 24, 2005.

Michael Mcdaid

Portsmouth, Newport County, RI 02871

May 20, 1913

October 24, 2005

Male

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Michael Mcdaid Michael Mcdaid (1913 - 2005)

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Michael Mcdaid's History: 1913 - 2005

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05/20

1913

Birthday

May 20, 1913

Birthdate

Unknown

Birthplace

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10/24

2005

Death

October 24, 2005

Death date

Unknown
Cause of death

Unknown
Death location

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Michael Mcdaid lived 21 years longer than the average family member when died at the age of 92.

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Michael Mcdaid lived 21 years longer than the average family member when died at the age of 92.

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In 1913, in the year that Michael Mcdaid 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 1936, at the age of 23 years old, Michael was alive when on November 3rd, President Franklin Delano Roosevelt was reelected to a second term. He ran against Republican Governor Alf Landon (Kansas), defeating Landon in the popular vote by 60.8% to 36.5%. Vermont and Maine were the only two states in which Landon won. John Nance Garner IV became the Vice-President in this election.

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