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
Business advocates such as the St. Paul Port Authority are eager to see light industrial redevelopment there that could bring in more jobs and a greater tax base.
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Frederick Melo, Twin Cities, 13 May 2025
The state has an annual budget in excess of $250 billion, $34 billion in reserves and an enviable tax base.
—Nathan Gusdorf, New York Daily News, 27 Apr. 2025
Advocates for the entertainment industry have argued a similar case, saying the loss of local film and television shoots is having a ripple effect on the economy — and weakening the city’s tax base.
—David Zahniser, Los Angeles Times, 20 Apr. 2025
The Revenue Act of 1942 significantly expanded the tax base.
—Kelly Phillips Erb, Forbes.com, 5 Apr. 2025
See All Example Sentences for tax base
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Frederick Melo, Twin Cities, 13 May 2025
The state has an annual budget in excess of $250 billion, $34 billion in reserves and an enviable tax base.
—Nathan Gusdorf, New York Daily News, 27 Apr. 2025
Advocates for the entertainment industry have argued a similar case, saying the loss of local film and television shoots is having a ripple effect on the economy — and weakening the city’s tax base.
—David Zahniser, Los Angeles Times, 20 Apr. 2025
The Revenue Act of 1942 significantly expanded the tax base.
—Kelly Phillips Erb, Forbes.com, 5 Apr. 2025
See All Example Sentences for tax base
Cite this Entry
“Tax base.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/tax%20base. Accessed 24 May. 2025.
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