confiscate

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confiscate

1. seized or confiscated; forfeit
2. having lost or been deprived of property through confiscation
References in periodicals archive ?
Under the TRAIN, the interest rate on deficiency taxes is no longer oppressive and confiscatory because rather than imposing two interest penalties, the tax reform law provides only for the taxpayer to pay double the legal interest rate for loans set by the BSP," Tionko said.
Will it be more beneficially employed by the political class of a confiscatory government?
There are many nuggets of wisdom along the way; from the difference between ownership of a business versus a job to understanding the distinction between investing in assets versus liabilities, and comprehending the divergences between a good investment, a forced savings plan, and a payroll confiscatory plan (when it comes to an IRA offered by one's job).
Unlike the physical takings doctrine (which arises when the government appropriates physical property), or the regulatory takings doctrine (which arises when the government goes "too far" in regulating the use of property), the confiscatory rate doctrine "specifically applies to claims that a regulated rate fails to compensate a public utility for its expenses.
The lying, cheating, condescending, confiscatory, dishonest, glib, dissimulating, conniving con man - hang on, this isn't good for my blood pressure.
Moore makes a compelling case that fairness does not mean confiscatory taxation and promotion of class warfare.
Support is coming from a slightly weaker dollar and a better tone to global equities, although shares in Asia fell earlier today on worries that the resolution to the crisis in Cyprus has set a confiscatory precedent that puts depositors and bond holders in other peripheral Europe countries at risk," said Addison Armstrong at traders Tradition Energy.
The reaction in the financial markets has generally been negative and many commentators have condemned the confiscatory nature of the move.
Isn't he leading us down the road to socialism--a world of death panels and Kafkaesque bureaucracy, confiscatory taxation and supercentralism?
A letter in March 1 News extols the virtue of representing the sad, beleaguered rich in these times of "class envy and confiscatory taxation, something (he) finds offensive to the basic tenets of our Constitution.
For that reason, and because the impact of tax laws aren't looked at systematically, the wealthy "instinctively oppose any increase in their taxes, fearing that acquiescing even to a limited extent might leave them open to a haphazard series of tax increases that, in combination, could amount to confiscatory taxation," Shiller says.