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.
Kilpatrick now sits on the North Dade Municipal Advisory Committee that is tasked with the job of determining if the area has the tax base to thrive as a city. Miami Herald, 28 July 2025 The policy specifies that the improvements in part will help contribute to and enhance downtown real estate and expand the local tax base as well as the employment base. Linda Girardi, Chicago Tribune, 13 July 2025 My housing plan will expand our tax base and generate $18 billion in new revenue over the next decade — critical funding that will shore up our city’s resources in the face of Donald Trump’s dangerous federal cuts. Zellnor Myrie, New York Daily News, 9 June 2025 With them came new small businesses and a healthier tax base, but also more stress on schools, housing and public services. Dan Horn, The Enquirer, 2 July 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 5 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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