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.
Johnson said the development could add to the local tax base while supporting construction and information technology jobs. Zachary Bynum, CBS News, 13 Aug. 2026 The Unified Government hopes to reduce its dependence on property tax revenues, thus reducing people’s tax burdens, by expanding economic development and local business opportunities and increasing Wyandotte’s tax base and sales tax revenues. Sofi Zeman august 11, Kansas City Star, 11 Aug. 2026 Unlike traditional districts, RESC magnet operators have no local tax base and cannot levy property taxes when costs rise. Leonard Lockhart, Hartford Courant, 9 Aug. 2026 Modern infrastructure gives businesses the confidence to invest, creates jobs and strengthens our local tax base. Courier-News, Chicago Tribune, 7 Aug. 2026 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 14 Aug. 2026.

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
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