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Roland Gastall 1913 - 1995

Roland Gastall of Cranston, Providence County, RI was born on September 18, 1913, and died at age 82 years old on October 17, 1995.

Roland Gastall
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Cranston, Providence County, RI 02920
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September 18, 1913
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October 17, 1995
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Updated: October 3, 2011
Biography ID: 4913507 What's this
Roland Gastall Roland Gastall (1913 - 1995)
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Roland Gastall's History: 1913 - 1995

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  • 09/18
    1913

    Birthday

    September 18, 1913
    Birthdate
    Unknown
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  • 10/17
    1995

    Death

    October 17, 1995
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    Roland Gastall lived 10 years longer than the average family member when died at the age of 82.
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In 1913, in the year that Roland Gastall 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 1934, Roland 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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Roland Gastall's Family Tree & Friends

Roland Gastall's Family Tree

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Roland Gastall Sep 18, 1913 - Oct 17, 1995
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Other Biographies

Other Gastall Family Biographies

Gastall, Wayne (Oct 8, 1946 - Jul 12, 1993) Gastall, John (Mar 1, 1947 - Jun 29, 2006) Gastall, Concetta (Oct 1, 1911 - Apr 29, 1990) Gastall, Thomas (Dec 26, 1907 - Nov 1984) Gastall, Henry (Jan 11, 1902 - Oct 15, 1974) Gastall, Mary (Jul 18, 1914 - Dec 14, 1995) Gastall, Catherine (Jan 30, 1942 - Nov 6, 2006) Gastall, Rita (Dec 24, 1917 - Aug 14, 2005) Gastall, Helen (Nov 20, 1917 - Jan 1974) Gastall, William (Sep 29, 1883 - Jan 1970)
Gastall, Carl (Nov 26, 1963 - Jul 15, 2002) Gastall, Johanna (Aug 4, 1871 - Nov 1967) Gastall, Mary (Jul 2, 1905 - Jul 1975) Gastall, Charles (Jun 3, 1899 - Feb 1986) Gastall, Carlton (Apr 29, 1916 - Dec 29, 2002) Gastall, Alice (Sep 18, 1925 - Dec 11, 2010) Gastall, John (May 13, 1910 - Dec 1975) Gastall, Mary (Dec 21, 1895 - Nov 1994) Gastall, Darlene (Jun 26, 1946 - Dec 5, 2008) Gastall, Eleanor (Feb 8, 1923 - Dec 1988)
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