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 scope of its mission includes expanding the tax base by identifying development ready sites, aligning land use and infrastructure with market demand and reducing development uncertainty to attract private investment. — Carole Carlson, Chicago Tribune, 5 Aug. 2026

Data center investment offers an opportunity to expand the tax base, create high-wage skilled trades and technology jobs, and support broader infrastructure modernization. — Ron Kitchens, Fortune, 5 Aug. 2026

Detroit’s tax base hollowed out, creating a fiscal crisis and ensuing bankruptcy that is just now starting to turn around. — Stephanie Leiser, The Conversation, 3 Aug. 2026

The mall had been a powerful economic driver for the town’s tax base for decades after opening in 1971, and was the third-biggest taxpayer in 2000 when it was assessed at about $35 million. — Don Stacom, Hartford Courant, 19 July 2026

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