tax base

American  

[taks bays] / ˈtæks ˌbeɪs /

noun

1. the total value of property, income, or other assets that can be taxed by a governing authority, such as a city, town, or state, used to calculate tax rates.

   The town is primarily residential, with commercial and industrial properties making up only 10 percent of the tax base.

---

Example Sentences

See Examples For:

tax base

The Isle of Man Chamber of Commerce warned the Island faced "a very hard five years" ahead, citing a shrinking tax base and the recent loss of many high‑earning jobs.

From BBC ● Sep. 7, 2026

For much of the modern era, the young inherited something better than their parents had, including a larger and stronger economy with a tax base capable of supporting the promises made to earlier generations.

From The Wall Street Journal ● Jul. 14, 2026

Washington used to be a favored destination for entrepreneurs because state leaders understood the vital role businesses play in creating jobs and sustaining a tax base that enables government to operate.

From The Wall Street Journal ● Jul. 10, 2026

Rep. John Larson, a Connecticut Democrat, would expand the tax base by applying the Social Security payroll tax to earnings above $400,000 a year.

From MarketWatch ● Jun. 11, 2026

This effort has been complicated by growing unemployment, an erosion of the tax base, and the continuing transfer of roughly $100 billion a year to eastern Germany to refurbish this ex-communist area.

From The 1998 CIA World Factbook by United States. Central Intelligence Agency

Random Word

Spin the wheel and learn a new word!

---