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

From there, Garza has reestablished herself, taking on numerous responsibilities, working (and contributing to the state tax base) and, maybe most important, co-founding Challenge II Change, an organization that specializes in helping people facing similar hardships. —Arne Duncan, Chicago Tribune, 28 Mar. 2025

This means fewer jobs for Marylanders and a smaller tax base in the future. —Colin Pascal, Baltimore Sun, 23 Mar. 2025

Americans’ personal income, which totaled $24.7 trillion in 2024, combined with corporate income make up a much larger tax base and will not shrivel as fast as imports when hit with taxes. —Chad P. Bown, Foreign Affairs, 11 Mar. 2025

Sheriffs’ offices are typically funded through county governments and operate on fairly lean budgets, though that varies from one office to another, depending on the local tax base. —Eileen Sullivan, New York Times, 12 Feb. 2025

Word History

First Known Use

circa 1943, in the meaning defined above

Rhymes for tax base

• abase
• airspace
• apace
• backspace
• biface
• birthplace
• blackface
• boldface
• bookcase
• braincase
• briefcase
• carcase

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