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.
Shortly after the announcement, a group of Dominican business leaders who belong to the National Council of Private Enterprise suggested that the government focus on the informal sector and broaden the tax base to increase revenue without affecting those who already pay their taxes. ABC News, 11 June 2026 The University of Chicago report found that commercial appeals there shift 3% to 4% of the tax base onto residential property every single year, effectively undoing the equity the assessor's office tries to build in. Dara-Abasi Ita, Forbes.com, 10 June 2026 Other factors could also affect these calculations, such as higher interest rates, a smaller tax base, and labor-supply responses. Jason Ma, Fortune, 6 June 2026 If the tax base shrinks significantly, districts could eventually face pressure to cut spending, seek higher millage rates in other areas or rely more heavily on annual appropriations from Tallahassee. Garrett Shanley, Miami Herald, 1 June 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 17 Jun. 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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