tax base


Definition of tax base

: 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 The proposition would also let people who lost their home in a natural disaster transfer its tax base to a home in a different location. Kathleen Pender,, "Proposition 19, which modifies Prop. 13 property-tax breaks, maintaining its lead in California," 4 Nov. 2020 Overall, the seven-county tax base grew from $44 billion to $65 billion over 60 years, with most of the change occurring in residential property values. Steven Litt, cleveland, "Highways turned Northeast Ohio communities into winners and losers. Can rules of the game change?," 18 Oct. 2020 The tax base declines and the school system and civic services falter, creating a negative feedback loop that pushes more people to leave. Meridith Kohut, ProPublica, "Climate Change Will Force a New American Migration," 15 Sep. 2020 That's because its tax base and property values have increased, which gives it more funds to work with. Julia Fair, The Enquirer, "A new road, a K9 unit cemetery idea, broadband and water line extensions – By the Way, NKY," 26 Oct. 2020 One odd aspect of this is that the project that would help fill the hole left by Sherco in the tax base was already granted a 20-year tax abatement by the city and Sherburne County. Star Tribune, "Schafer: What looks like a giveaway to Google is actually a bet against decline in Becker," 21 Oct. 2020 Analysis of the data by The Plain Dealer shows that from 1960 to 2018: - Cleveland was the biggest loser, with a tax base that fell 66 percent from $14.1 billion to $4.8 billion. Steven Litt, cleveland, "Highways turned Northeast Ohio communities into winners and losers. Can rules of the game change?," 18 Oct. 2020 Disputes have embroiled the town’s attempt to expand and build a more sustainable tax base. Paighten Harkins, The Salt Lake Tribune, "Hideout city council approves controversial annexation," 18 Oct. 2020 Lawmakers use gas taxes to tap into a broad tax base. The Editorial Board, WSJ, "The Middle-Class Tax Ratchet," 8 Sep. 2020

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'tax base.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

See More

First Known Use of tax base

circa 1943, in the meaning defined above

Keep scrolling for more

Learn More about tax base

Time Traveler for tax base

Time Traveler

The first known use of tax base was circa 1943

See more words from the same year

Statistics for tax base

Last Updated

17 Nov 2020

Cite this Entry

“Tax base.” Dictionary, Merriam-Webster, Accessed 25 Nov. 2020.

Keep scrolling for more

More Definitions for tax base

tax base


English Language Learners Definition of tax base

: the amount of money or property that can be taxed within an area

tax base


Legal Definition of tax base

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

Comments on tax base

What made you want to look up tax base? Please tell us where you read or heard it (including the quote, if possible).


Test Your Vocabulary

A Thanksgiving Word Quiz

  • a traditional thanksgiving dinner
  • November comes from a word for which of the following numbers?
Spell It

Can you spell these 10 commonly misspelled words?


Test Your Knowledge - and learn some interesting things along the way.

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!