The estate tax phase-out

Estate Tax Phase-Out 2002-2010 Year Wealth Exemption Highest Tax Rates 2002 $1 million 50% 2003 $1 million 49% 2004 $1.5 million 48% 2005 $1.5 million 47% 2006 $2 million 46% 2007 $2 million 45% 2008 $2 million 45% 2009 $3.5 million 45% 2010 NA (Repealed) Top individual rate Gift tax only) Source: OMBWatch

May 30, 2001

Estate Tax Phase-Out 2002-2010

Year	Wealth Exemption	Highest Tax Rates
2002	$1 million	50%
2003	$1 million	49%
2004	$1.5 million	48%
2005	$1.5 million	47%
2006	$2 million	46%
2007	$2 million	45%
2008	$2 million	45%
2009	$3.5 million	45%
2010	NA (Repealed)	Top individual rate Gift tax only)

Source: OMBWatch

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