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.
One of the only ways Cook County can relieve residential property taxes is to grow its tax base by attracting new commercial and industrial taxpayers. Chicago Tribune, 8 Sep. 2026 The economy may be getting richer while the tax base and political constituency that policymakers usually associate with a boom grow much more slowly. Eva Roytburg, Fortune, 4 Sep. 2026 Worse, our population is aging, and the number of working adults contributing to the tax base is dwindling. Washington Post, 4 Sep. 2026 Data centers provide a real living wage and an opportunity to grow the tax base in these communities. Kelly Evans, CNBC, 4 Sep. 2026 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 12 Sep. 2026.

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
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