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The ecstatic feeling liberal politicians receive upon raising your taxes, taking more of your hard earned money, or just generally pissing you off.
Nancy Pelosi supported a new spending bill and had a taxgasm knowing that average Americans would be footing the bill.
by LostMinnesotan June 17, 2010
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2
A heightened state of excitement or ecstasy over the completion of any facet of the taxation process. Usually experienced by CPA's.
I am so excited about the new tax folders I am having a taxgasm!
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