The U.S. individual income tax rates enacted in the Economic Growth and Tax Relief Reconciliation Act of 2001 sunset for tax years beginning after 2010. Absent new legislation, beginning in 2011, income tax rates will revert back to the higher rates in effect in before the 2001 tax cuts. The estate tax rules will also revert back to those in effect in 2002 with a top rate of 55 percent and an exemption of 1 million.