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- In the United States, an excess profits tax is a tax, some say excise tax, on any profit above a certain amount. A predominantly wartime fiscal instrument, the tax was designed primarily to capture wartime profits that exceeded normal peacetime profits to prevent perverse incentives for manufacturers to engage in war profiteering and warmongering.In 1863 the Confederate congress and the state of Georgia experimented with excess profits taxes, perhaps, the first time it has happened in American history.
We couldn't find any anagrams for the word excess profits tax.
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excerptible, excerption, excerptive, excerptor, excess, excessive, excessively, excessiveness, excessman, exchange
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"excess profits tax." Anagrams.net. STANDS4 LLC, 2024. Web. 22 May 2024. <https://www.anagrams.net/excess%20profits%20tax>.
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