AFBI has fought for permanent repeal of the Death Tax since 1994. We achieved partial success in 2001 when President Bush signed “temporary” death tax repeal into law, as part of the Economic Growth Tax Reduction and Reconciliation Act (H.R. 1836). Over the course of 10 years, the death tax is scheduled to be reduced from its 2001 rate of 55% to 45% in 2009. In 2010 it will be repealed for one year.
Then, on January 1, 2011, the death tax will “come back to life,” at the rate of 55%, unless Congress stops it. AFBI is fighting to make repeal permanent.
Will you join us?
| Calendar Year | Estate Tax Exemption | Maximum Rate |
| 2002 | $1,000,000 | 50% |
| 2003 | $1,000,000 | 49% |
| 2004 | $1,500,000 | 48% |
| 2005 | $1,500,000 | 47% |
| 2006 | $2,000,000 | 46% |
| 2007 | $2,000,000 | 45% |
| 2008 | $2,000,000 | 45% |
| 2009 | $3,500,000 | <45% |
| 2010 | Tax Repealed | 0% |
| 2011 | $1,000,000 | 55% |
