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.
Tax-exempt land Officials on Monday said there needs to be more discussion about how to grow the city and county’s tax base while recouping funds from non-taxable properties, which still rely on costly public services such as police and fire. Frederick Melo, Twin Cities, 16 Sep. 2025 This reduces long-term reliance on public benefits and contributes to the tax base. Our Place, Forbes.com, 16 Sep. 2025 White flight hollowed out the tax base, and what remained often hardened into a politics of grievance—racial, ethnic, suburban versus city—that resisted reform. Jesus Mesa, MSNBC Newsweek, 10 Sep. 2025 Top Indianapolis leaders say removing a residency requirement for city employees would have significant consequences for the tax base. Jordan Smith, IndyStar, 31 Aug. 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 Sep. 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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