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Confiscatory |
Also found in: Legal | 0.01 sec. |
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? Mentioned in | ? References in periodicals archive | |
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| Because that 2001 law is not permanent, the death tax is now scheduled to return with a veritable vengeance in 2011, at a confiscatory rate of 55 percent. ``First, China imposes strict limits on the number of foreign films that can be exhibited in its theaters on a revenue-sharing basis and applies burdensome regulations and confiscatory taxes on foreign home video and television content. What do rational people do when faced with confiscatory tax rates on saving? |
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