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 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

The article discusses expanding the Social Security tax base to include capital income, such as capital gains and dividends. — Teresa Ghilarducci, Forbes.com, 17 July 2026

The lawsuit represents another stress point in an often-strained relationship between the city and county, two entities which share a tax base and a number of regional goals. — Jennah Pendleton, Sacbee.com, 17 July 2026

After a lengthy discussion about the effectiveness of the TADs and their potential burden on Fulton’s tax base, commissioners voted 4-1 not to take part. — Shaddi Abusaid, AJC.com, 16 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