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.
Ultimately, giving struggling households greater financial breathing room broadens the tax base and promotes consumer spending, United Way of Florida concluded in its report. Max Klaver, Miami Herald, 11 June 2025 The 17 counties along the corridor are predominantly minority communities, with high poverty rates and poor public school funding because of the area’s low tax base due to a lack of industry. Kendall Deas, The Conversation, 9 June 2025 But there will be plenty of analysis about short-term money for San Diego versus the long-term loss of La Jolla’s substantial tax base. Michael Smolens, San Diego Union-Tribune, 8 June 2025 Simmons said that if elected, his first priority is to start working with the city council to bring in new businesses, diversify the tax base and make sure that any new developments are properly approved. Rachel Royster, Fort Worth Star-Telegram, 8 June 2025 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 18 Jun. 2025.

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
Last Updated: - Updated example sentences
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