confiscatory


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Related to confiscatory: confiscated

con·fis·ca·to·ry

 (kən-fĭs′kə-tôr′ē)
adj.
1. Relating to or effecting confiscation.
2. Being or imposing an excessive or unreasonable tax or cost: confiscatory taxes; a confiscatory police.

confiscatory

(kənˈfɪskətərɪ; -trɪ)
adj
involving confiscation

con•fis•ca•to•ry

(kənˈfɪs kəˌtɔr i, -ˌtoʊr i)

adj.
characterized by, effecting, or resulting in confiscation.
[1790–1800]
Translations

confiscatory

adj they have confiscatory powerssie sind zur Beschlagnahme befugt
References in periodicals archive ?
Tionko said that the Tax Reform for Acceleration and Inclusion (TRAIN) removed the "punitive and confiscatory interest rates" imposed on deficiency taxes.
Thus, it appears that the previous interest rates and manner of imposition of deficiency interest and delinquency interest were confiscatory and oppressive.
An aging population taking more and more entitlement benefits will require more workers to sustain those commitments (or confiscatory tax rates that undermine economic growth).
It would hit businesses with tax rises that would deter investment and would punish entrepreneurs with confiscatory rates of tax that send a signal that, no matter how much they risk, 50% of the largest financial rewards will be taken by the Government via punitive taxes.
According to them it is exploratory, confiscatory and unbearable.
Unless declared oppressive or confiscatory by our courts, compliance with tax laws is mandatory.
We may disagree on whether the federal government should have a simple tax or a massively confiscatory federal income tax, but those differences should not lead to demonization, vilification and personal attacks," Cruz added.
Basically you can think of it as a confiscatory tax; repeat it over a number of years and you effectively confiscate a property asset.
amp;nbsp;In his 2000 book, "The America That We Deserve," Trump described his hope for a nation "unencumbered by bureaucratic ineptitude, government regulation, confiscatory tax policies, racism, discrimination against women, or discrimination against people based on sexual orientation.
The very large decrease," he writes, "in the marginal income tax rate in the English-speaking countries after 1980 (despite the fact that Britain and the United States had pioneered nearly confiscatory taxes on incomes deemed to be indecent in earlier decades), seems to have totally transformed the way top executive pay is set, since top executives now had much stronger incentives than in the past to seek large raises.
As a case in point, Aivalis compares how Sanders "has railed against the millionaire and billionaire classes" while the NDP, trying to show itself as the party for all classes, prates that "higher taxes on the rich are unjust and confiscatory.
Although the president acknowledges the need to lower corporate tax rates, many of the reforms in the budget planincluding a punitive minimum tax on overseas earnings, higher tax rates on capital gains and dividends and the imposition of a confiscatory estate tax on small businessestotally miss the mark.