What is Decapitaxation?
1.
A state in which an individual or company is literally killed by taxes and/or other outstanding financial debts.
Michael Jackson was forced to go on his European "This is it" tour due to the millions he owed and was thus a victim of decapitaxation.
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A term popularized on the AOL Rap messageboards around 1999. It expounds more specifically on one of the functions of a "Captain Sa..