What does the cryptic crossword clue "Initiates a conservative tax, within limits (9)" mean?

This cryptic clue uses wordplay to arrive at the answer. Visit the page for progressive hints — definition, wordplay type, and a full step-by-step explanation.

Initiates a conservative tax, within limits (9)

Daily Mail Cryptic #16439 | 7 Down | 2020-11-04

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