Re: paying off my parent\'s mortgage..help needed
Many of its opponents refer to the estate tax as the "death tax" and have called for its abolition. Since 2003, the top rate has dropped from 50% by one percent per year; it is scheduled to drop to 45% in 2009, thence to 0% in 2010, but as of 2005, if no further changes in the law are enacted, the tax will be reimposed at a top rate of 50% in 2011. It is, however, expected that Congress will enact legislation to change this in the intervening period.
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