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Alas, taking a fifty per cent cut, therefore, too (4)

Ross

I believe the answer is:

also

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'too' is the definition.
(synonyms)

I don't understand how the remainder of the clue works.

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(Other definitions for also that I've seen before include "Plus" , "As well, in addition" , "an indication of more to come" , "revolutionary a part for Yugoslavia" , "'Besides, moreover (4)'" .)

I've seen this clue in the Evening Standard.
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