0 used to describe the act of something being taken away from someone by a government, etc.:
A confiscatory tax on benefits above the guaranteed level can be absorbed into the state-contingent tax shown in equation (6).
Its maximum value, = 1, is the confiscatory rate.
Indeed, with a confiscatory tax, investors realize that their portfolio decisions are irrelevant.
For comparability, this section considers the extreme case in which the government uses a confiscatory tax to take away all assets in excess of the guaranteed benefit level.
There is nothing novel, there is nothing outrageous, there is nothing confiscatory about the principle of such taxation.
In its essentials there is nothing confiscatory in this proposal.
It is important to understand that the values of the transactions are not the confiscatory values that are enshrined in existing legislation.
Due to the confiscatory nature of death duties in earlier times, the state acquired all the benefits of the land, but none of the liabilities.
