tax base

noun

: the wealth (such as real estate or income) within a jurisdiction that is liable to taxation

Examples of tax base in a Sentence

an area with a large tax base
Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
With them came new small businesses and a healthier tax base, but also more stress on schools, housing and public services. Dan Horn, The Enquirer, 2 July 2025 Having a diversified tax base and getting away from being a bedroom community is another (issue). Claire Osborn, Austin American Statesman, 2 July 2025 The loss of such businesses takes away jobs and the vital tax base needed to support infrastructure, social services, as well as educational and cultural institutions, while eroding economic development. Time, 26 June 2025 Not only does this grow the workforce and the tax base, but many immigrants come from countries where big families are still the norm. Mary McNamara, Los Angeles Times, 6 June 2025 See All Example Sentences for tax base

Word History

First Known Use

circa 1943, in the meaning defined above

Time Traveler
The first known use of tax base was circa 1943

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Cite this Entry

“Tax base.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/tax%20base. Accessed 21 Jul. 2025.

Legal Definition

tax base

noun
1
: a sum (as the total assessed valuation of property in a county) used as the basis of taxation
2
: the source of tax revenue for a governmental body
change the tax base of a school district to reduce the property tax burden
Last Updated: - Updated example sentences
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