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 incoming president will face the unenviable dilemma of extracting more revenue from a limited tax base to fund his ambitious proposals. Ivan Briscoe, Foreign Affairs, 19 June 2022 In its zoning application, the developer said its project will enhance the tax base, provide more housing for seniors and others and offer more retail to Mooresville. Joe Marusak, Charlotte Observer, 18 June 2024 Replacing the freeway with a street grid also would provide opportunities to develop new housing − adding to the city's population and its tax base. Tom Daykin, Journal Sentinel, 28 May 2024 For a city that already asks a lot of its residents, reducing their quality of life is a direct path to a lower tax base, fewer residents and higher crime. Bradley Tusk, New York Daily News, 13 Mar. 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.

Word History

First Known Use

circa 1943, in the meaning defined above

Time Traveler
The first known use of tax base was circa 1943

Dictionary Entries Near tax base

Cite this Entry

“Tax base.” Dictionary, Merriam-Webster, Accessed 22 Jul. 2024.

Legal Definition

tax base

: a sum (as the total assessed valuation of property in a county) used as the basis of taxation
: 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
Love words? Need even more definitions?

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