Revenue Act of 1935……
August 30, 1935…….
The Revenue Act of 1935 is signed by U.S. President Franklin D. Roosevelt. Also known as the “Soak the Rich Tax”, it raised federal income tax on higher income levels with a progressive “Wealth Tax” that took up to 75 percent of the highest incomes. Congress estimated that it would increase the annual tax revenue by approximately $250 million.
Princess Diana Killed in Car Crash……
August 31, 1997……
Princess Diana, the Princess of Wales, dies as a result of injuries sustained in a car crash in the Pont de l’Alma road tunnel in Paris, France. Diane’s boyfriend Dodi Fayed and the driver Henri Paul were pronounced dead at the scene. Trevor Rees-Jones, the bodyguard, was the only survivor. An 18-month French judicial investigation found that the crash was caused by the driver Paul, who lost control of the car at high speed while drunk and on antidepressants. The investigation concluded that the paparazzi were not near the Mercedes when it crashed. Fayed’s father, Mohamed Al-Fayed, has claimed that the couple were executed by MI6 agents because Diana was pregnant with Dodi Fayed’s child and were about to announce their engagement.
World War II Begins……
September 1, 1939……
Germany invades Poland, starting World War II. Great Britain and France would declare war on Germany two days later.
World War II – Japan Signs Surrender Terms……
September 2, 1945……
After announcing their surrender two weeks earlier, Japan signs the formal surrender terms aboard the battleship USS Missouri.