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.
If the goal is to close budget gaps and make the city more affordable, the most durable strategy is to grow the tax base by keeping and attracting the companies and jobs that power the city. Steven Fulop, New York Daily News, 8 Mar. 2026 Minnesota will not allow its tax base to be eroded by temporary federal deployments that shift costs on our communities. Caroline Cummings, CBS News, 5 Mar. 2026 Clausing co-authored a 2024 report on the topic, which compared the tax base from both types of revenue. Kate Dore, Cfp®, Ea, CNBC, 27 Feb. 2026 Friese said the city council has worked to attract business and grow the city’s tax base while also adding high-paying jobs. Brian Todd, Twin Cities, 24 Feb. 2026 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 Mar. 2026.

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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