Possible Clues:

• Cut out jogging, say, without hesitation
• Queen excused from drill duty
• Musk's company invested in city with tightwad eschewing banks and tax
• Tax — cut
• Remove old volume being talked about
• Tax is sound old measure
• Cut out bodily exertion without hesitation
• Cut out PE without hesitation
• Cut duty for practise without hesitation
• Cut out for duty