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Revenue Act slashes income tax on wealthy and corporations
This act immensely reduced federal income tax that was 73% to 40% and reduced the 4% federal income tax paid by the majority of tax payers. -
Lindbergh crosses the Atlantic
Charles Lindberg was the first solo non-stop flight to cross the Atlantic. Flying from New York to Paris in 33 and a half hours, covering 3,600 miles, changing aviation forever. -
Stock market crashes
Referred to as Black Tuesday where the stock market crashed and billions of dollars were lost. Contributing to the kick of the the Great Depression. -
Franklin Roosevelt elected
Elected as the 32nd President FDR too office during the Great Depression having the worst economy in US history. However, while in office between 1933 and 1936 the economy improved rapidly -
U. S. Begins neutrality legislation
U.S. congress passes the first Neutrality Act which prohibited the export of weapon, ammunition and implements of war from the U.S. To foreign nations. This required weapon manufacturers to apply for an export license. -
Hitler takes Austria, Munich Agreement
this agreement or also known as the betrayal was between Germany, the UK the French Third Republic and the Kingdom of Italy which provided cession to Germany of the Sudeten German territory of Czechoslovakia -
World War 2 begins
Hitler goes against previous agreements and invades Poland, two days later France and Britain declared war on Germany. -
Attack on Pearl Harbor
A surprise aerial attack by the imperial Japanese against the U.S. naval base Pearl Harbor in Hawaii. Damaging nearly 20 naval vessels, 8 of which were battleships and over 300 airplanes. This also resulted in the loss of 2,400 Americans and another thousands severely injured.
