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
This opacity makes tariffs particularly appealing to policymakers seeking to raise revenue without the political backlash of traditional tax base expansion or rate hikes.
—
Andrew Leahey, Forbes, 27 Nov. 2024
These businesses provide hundreds of jobs and bolster the tax base.
—Steven Greenhut, Orange County Register, 13 Oct. 2024
The city represents 26% of MDC’s tax base but contributes just 15% of 2021 general fund revenue.
—Staff Report, Hartford Courant, 8 Aug. 2024
It is often assumed that, absent migration, low fertility will cause a country’s labor force to shrink, leading to shortages of workers, decreased productivity, and a diminishing tax base.
—Vegard Skirbekk, Foreign Affairs, 6 Nov. 2024
See all Example Sentences for tax base 
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Andrew Leahey, Forbes, 27 Nov. 2024
These businesses provide hundreds of jobs and bolster the tax base.
—Steven Greenhut, Orange County Register, 13 Oct. 2024
The city represents 26% of MDC’s tax base but contributes just 15% of 2021 general fund revenue.
—Staff Report, Hartford Courant, 8 Aug. 2024
It is often assumed that, absent migration, low fertility will cause a country’s labor force to shrink, leading to shortages of workers, decreased productivity, and a diminishing tax base.
—Vegard Skirbekk, Foreign Affairs, 6 Nov. 2024
See all Example Sentences for tax base
Dictionary Entries Near tax base
Cite this Entry
“Tax base.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/tax%20base. Accessed 21 Dec. 2024.
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