Decapitaxation

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.

See decapitate, tax, decapitated, tax returns


49

Random Words:

1. A phrase most commonly stated after a particularly clever comment, ex: a pun, a dis, in rare cases a well placed "your mom" or..
1. To borrow relentlessly from others but have the means to buy for oneself. To be a chronic moocher. Based on North American slang for &ap..
1. Founded in 2008 in a small town in Kentucky Called Barbourville. The founder, Jacob Scalf, was an outstanding pitcher at Knox Central Hi..