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.
His aim is to then sell the property to someone who would build something beneficial to the neighborhood and bolster the city’s tax base. Mike Hendricks july 10, Kansas City Star, 10 July 2025 According to an Enquirer investigation in 1974, Hamilton County officials denied the village's request for years for numerous technical reasons, while local industries objected to being pulled into the new city’s tax base. Dan Horn, The Enquirer, 2 July 2025 Over a third of the city’s real property is in the hands of government and non-profit entities that are tax-exempt, limiting Baltimore’s tax base and, therefore, adding to the heavy burden on city businesses and home-owners. Reader Commentary, Baltimore Sun, 6 June 2025 Exempting a large group from property tax liability reduces the tax base, which generally means either increasing the tax burden on remaining taxpayers or cutting public services. Giulia Carbonaro, MSNBC Newsweek, 2 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 21 Aug. 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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