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.
But in a small community like White Pine County—with two of the oldest schools in the state—the tax base alone can't support the renovations needed to make the schools safe. Erica Mosca, MSNBC Newsweek, 4 Sep. 2025 Top Indianapolis leaders say removing a residency requirement for city employees would have significant consequences for the tax base. Jordan Smith, IndyStar, 31 Aug. 2025 The authority aims to boost property values, broaden the tax base and improve neighborhood safety by selling vacant and abandoned homes to buyers who plan to rehabilitate them. Killian Baarlaer, The Courier-Journal, 28 Aug. 2025 In places without a data center, local officials expressed enthusiasm about the prospect of expanding the tax base. Justin Worland, Time, 27 Aug. 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 10 Sep. 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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