The United States had become a horrible place for risk investment, with its unpopular governments, powerful unions, bad schools, and confiscatory taxes.
The Labor Committee was known for promoting a "socialist re-industrialization" of the economy, combined with confiscatory taxes on what it saw as wasteful and parasitic investment.
What does this pompous, whining, morally superior, mincing habitué of Boston drawing rooms know about confiscatory taxes on hard-earned money?
Ghana, for instance, used to levy confiscatory taxes of 50 percent or more on cocoa, and some farmers left crops to rot in the fields or smuggled them out.
In effect, such elderly, retired people would be paying a confiscatory social "tax" of about 30 percent in addition to their regular Federal and State income taxes and other taxes.
The Cooper plan will, at the margin, leave low-income workers facing confiscatory taxes because of phase-out of its low-income subsidy.
He was speaking of "confiscatory" federal taxes on the wealthy but offering a remark that serves well as a larger caution for campaigning Democrats.
The legislature then imposed confiscatory taxes on out-of-state waste, setting in motion a chain of events that is still unfurling, with surprising and tragic reverberations.
He claimed your king cheated him out of most of his tee, too; some confiscatory tax on money taken out of the kingdom.
The public is more tax-conscious than it has ever been, and something like this could bring about a confiscatory tax.