Cryptic crossword clue
Nice poet involved with tax? That’s the assumption 11

The most common and most likely answer to this crossword clue is the 11 letter word EXPECTATION

I've seen this crossword clue in The Times
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The straight part
We know that "the assumption" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case the assumption = expectation.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does EXPECTATION mean?

EXPECTATION noun
  1. The act or state of expecting or looking forward to an event as about to happen.
  2. That which is expected or looked for.
  3. The prospect of the future; grounds upon which something excellent is expected to occur; prospect of anything good to come, especially of property or rank.
  4. The value of any chance (as the prospect of prize or property) which depends upon some contingent event.
  5. The first moment; the long-run average value of a variable over many independent repetitions of an experiment.
  6. (colloquial statistics) The arithmetic mean.
  7. The leaving of a disease principally to the efforts of nature to effect a cure.

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