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William Costigan 1913 - 1985

William Costigan of Madison, New Haven County, CT was born on July 24, 1913, and died at age 72 years old in November 1985.

William Costigan

Madison, New Haven County, CT 06443

July 24, 1913

November 1985

Male

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William Costigan William Costigan (1913 - 1985)

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William Costigan's History: 1913 - 1985

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07/24

1913

Birthday

July 24, 1913

Birthdate

Unknown

Birthplace

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11/dd

1985

Death

November 1985

Death date

Unknown
Cause of death

Unknown
Death location

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William Costigan lived 2 years shorter than the average family member when died at the age of 72.

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William Costigan lived 2 years shorter than the average family member when died at the age of 72.

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In 1913, in the year that William Costigan 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 1926, William was merely 13 years old when on November 15th, NBC was founded. It was the U.S.'s first major broadcast network. Ownership of the network was split between RCA (a majority partner at 50%), its founding corporate parent General Electric (which owned 30%), and Westinghouse (which owned the remaining 20%).

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