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

Winter Springs has the highest percentage of residential tax base. — Orlando Sentinel Staff, The Orlando Sentinel, 13 Oct. 2026

Development expands our tax base, creates jobs, adds housing, brings new businesses, and keeps Sunrise economically strong. — Neil Kerch, Sun Sentinel, 13 Oct. 2026

Similarly, on a macro level, putting opportunity youth to work can be a boon for the economy by increasing local purchasing power and expanding the tax base. — Maha Jweied, Forbes.com, 13 Oct. 2026

In the meantime, the change in the levy applied to these services would effectively broaden the tax base and increase hugely the amount flowing into the CNC, the National Film Board which subsidies the cinema and audiovisual industry. — Elsa Keslassy, Variety, 5 Oct. 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