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.
Several high-profile billionaires have relocated to lower-tax states such as Texas and Florida, fueling opponents’ fears that the state’s tax base could erode further. Barnini Chakraborty, The Washington Examiner, 19 June 2026 Developers estimated the project would add more than $1 billion to the city’s tax base and bring roughly 1,100 additional students to district schools. Daniel Lempres, Sacbee.com, 17 June 2026 Small, rural counties and towns with a large percentage of homestead properties in their tax base are especially concerned what the measure could do to their bottom line. Gray Rohrer, Miami Herald, 15 June 2026 Small and rural communities with a large percentage of homestead properties in their tax base are expected to be among the hardest hit if the amendment passes. Cbs Miami Team, CBS News, 15 June 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 21 Jun. 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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