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 residents voiced concerns at a community meeting in 2023 that San Tan Valley currently doesn't have the corporate tax base to afford incorporation. Sasha Hupka, AZCentral.com, 3 July 2025 While some argue that tax cuts can, under certain conditions, spur economic activity and broaden the tax base, the evidence from the past decade suggests that these particular cuts have failed to deliver on its supporters’ promises. Aisha Nyandoro, Forbes.com, 2 July 2025 Cuomo, pushing back on Mamdani’s proposals, claimed that the tax hikes would prompt many rich people and businesses to flee, thereby undermining the city’s tax base. John Cassidy, New Yorker, 30 June 2025 His county, home to 11,000 people, lacks a big tax base. Jennifer Berry Hawes, ProPublica, 27 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 9 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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