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

Despite a growing economy and tax base, the state currently spends almost $5,000 less per student than the national average and trails behind neighboring South Carolina and Virginia. —Rebecca Noel, Charlotte Observer, 23 Apr. 2025

Tariff tax base is ‘a lot smaller’ than income tax Some policy experts have questioned how much revenue the duties could bring in, compared with the federal income tax. —Kate Dore, Cfp®, Ea, CNBC, 22 Apr. 2025

They are so squarely focused on ways to increase the local tax base through real estate development and driving up property values that these other downstream consequences are pushed to the side. —Tax Notes Staff, Forbes.com, 8 Apr. 2025

This perspective ignores the role that federal support plays in ensuring equitable access to information across all communities, regardless of their tax base or donor networks. —Stephanie R. Toliver, Mercury News, 3 Apr. 2025

Word History

First Known Use

circa 1943, in the meaning defined above

Rhymes for tax base

• abase
• airspace
• apace
• backspace
• biface
• birthplace
• blackface
• boldface
• bookcase
• braincase
• briefcase
• carcase

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