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
By reducing payroll taxes and replacing that revenue with a carbon tax, Social Security would get a broader tax base, and low-income workers would be shielded from the otherwise regressive impact of a naked carbon tax.
—
Bob Inglis, Forbes, 5 Sep. 2024
People may leave the affected area, shrinking the tax base and drying up municipal budgets.
—Zoë Schlanger, The Atlantic, 22 Aug. 2024
During its campaign, Renew Baltimore argued that the cut would attract more residents and businesses to the city, increasing its tax base and offsetting the hit to city revenue.
—Dillon Mullan, Baltimore Sun, 16 July 2024
Winter Park Planning Director Jeffrey Briggs told the City Commission he was alerted to the opt-out provision by the City of Maitland, which saw a significant drop in its tax base as a result of the exemptions claimed by 400 North and Tiffany at Maitland West.
—Laura Kinsler, Orlando Sentinel, 14 July 2024
See all Example Sentences for tax base 
Bob Inglis, Forbes, 5 Sep. 2024
People may leave the affected area, shrinking the tax base and drying up municipal budgets.
—Zoë Schlanger, The Atlantic, 22 Aug. 2024
During its campaign, Renew Baltimore argued that the cut would attract more residents and businesses to the city, increasing its tax base and offsetting the hit to city revenue.
—Dillon Mullan, Baltimore Sun, 16 July 2024
Winter Park Planning Director Jeffrey Briggs told the City Commission he was alerted to the opt-out provision by the City of Maitland, which saw a significant drop in its tax base as a result of the exemptions claimed by 400 North and Tiffany at Maitland West.
—Laura Kinsler, Orlando Sentinel, 14 July 2024
See all Example Sentences for tax base
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'tax base.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
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Cite this Entry
“Tax base.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/tax%20base. Accessed 19 Sep. 2024.
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