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
The hard truth is that the U.S. and Europe face declining populations and a shrinking tax base.
—
Frank Holmes, Forbes, 30 Sep. 2024
The tax base shrinks, and infrastructure deteriorates along with schools.
—German Lopez, New York Times, 25 July 2024
This in turn would decimate Silicon Valley, creating a devil’s circle which erodes a large chunk of the tax base needed to fund social services for lower income households, the argument goes.
—Christiaan Hetzner, Fortune, 17 July 2024
And there’s an ironic twist: As Europe’s population ages, many countries need immigrant workers to provide the tax base to pay for government services and sustain growth.
—Ned Temko, The Christian Science Monitor, 19 Sep. 2024
See all Example Sentences for tax base 
Frank Holmes, Forbes, 30 Sep. 2024
The tax base shrinks, and infrastructure deteriorates along with schools.
—German Lopez, New York Times, 25 July 2024
This in turn would decimate Silicon Valley, creating a devil’s circle which erodes a large chunk of the tax base needed to fund social services for lower income households, the argument goes.
—Christiaan Hetzner, Fortune, 17 July 2024
And there’s an ironic twist: As Europe’s population ages, many countries need immigrant workers to provide the tax base to pay for government services and sustain growth.
—Ned Temko, The Christian Science Monitor, 19 Sep. 2024
See all Example Sentences for tax base
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'tax base.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Dictionary Entries Near tax base
Cite this Entry
“Tax base.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/tax%20base. Accessed 24 Oct. 2024.
Copy CitationLove words? Need even more definitions?
Merriam-Webster unabridged
Share