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.
Furthermore, gains can go beyond an individual’s financial well-being or a community’s tax base. Jennifer D. Kobrin, The Conversation, 25 Aug. 2026 But revenue coming in at double the projections is not disputable and cannot happen if the tax base runs away. Teresa Ghilarducci, Forbes.com, 23 Aug. 2026 The three data centers in Northlake alone made up about 28% of the city’s tax base last year. Alex Nitkin, Chicago Tribune, 23 Aug. 2026 Neighborhoods people stay in, jobs that last, and a tax base strong enough to survive what comes next — that is a South Florida the world would copy, not a cautionary tale. Aida Nesimi, Sun Sentinel, 18 Aug. 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 27 Aug. 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
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