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

White flight, deindustrialization and job flight have contributed to depopulation, a declining tax base and government defunding of social programs in Philadelphia. —Menika Dirkson, The Conversation, 3 Oct. 2025

Denser downtown means more tax revenue Downtown Indianapolis continues to drive growth in the city's tax base, accounting for 22% of all local taxes paid in Marion County in 2022, the most recent year in which both property and income tax data are included in the report. —Jordan Smith, IndyStar, 26 Sep. 2025

Like many of its advanced economy peers, Canada needs immigration to grow its population and tax base in order to replace workers and support its aging population. —Eva Roytburg, Fortune, 24 Sep. 2025

The development will add $225 million to the Mooresville tax base, officials with the developer said. —Joe Marusak, Charlotte Observer, 22 Sep. 2025

Word History

First Known Use

circa 1943, in the meaning defined above

Rhymes for tax base

• abase
• airspace
• apace
• backspace
• biface
• birthplace
• blackface
• boldface
• bookcase
• braincase
• briefcase
• carcase

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