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
Developers have hit the brakes on building new apartments — which have added billions to the city tax base in recent years — due to high interest rates.
—
Nick Halter, Axios, 5 Aug. 2024
More families would mean a stronger tax base to support towns such as Coalinga, which just two years ago nearly ran out of water after its primary source — piped in from a federal reservoir 90 miles away — was severely curtailed during a drought.
—Melissa Gomez, Los Angeles Times, 28 Sep. 2024
One of Gaskins' priorities: Diversifying Alexandria's tax base via development — a hot topic after the death of the deal to move the Wizards and Capitals arena to Potomac Yard.
—Mimi Montgomery, Axios, 25 Sep. 2024
By offering these incentives, governments are able to promote economic development and attract new residents, which in turn boosts the local tax base.
—Brad Hunter, Forbes, 19 Sep. 2024
See all Example Sentences for tax base 
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Nick Halter, Axios, 5 Aug. 2024
More families would mean a stronger tax base to support towns such as Coalinga, which just two years ago nearly ran out of water after its primary source — piped in from a federal reservoir 90 miles away — was severely curtailed during a drought.
—Melissa Gomez, Los Angeles Times, 28 Sep. 2024
One of Gaskins' priorities: Diversifying Alexandria's tax base via development — a hot topic after the death of the deal to move the Wizards and Capitals arena to Potomac Yard.
—Mimi Montgomery, Axios, 25 Sep. 2024
By offering these incentives, governments are able to promote economic development and attract new residents, which in turn boosts the local tax base.
—Brad Hunter, Forbes, 19 Sep. 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 28 Nov. 2024.
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