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2010 | NA (Repealed) | Top individual rate |
Source: OMBWatch
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