tax base

American  

[taks beys] / 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.

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Example Sentences

See Examples For:

tax base

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

One company told Hood County commissioners it could potentially increase the county’s tax base anywhere from $5 billion to $20 billion.

From Salon ● Jun. 6, 2026

That, in turn, could bring jobs, strengthen the tax base, and improve quality of life.

From Science Daily ● May 6, 2026

“This underscores the importance of broadening the country’s tax base, reducing tax expenditures, and addressing the long-term pressures stemming from Social Security and Medicare,” the Fund said.

From The Wall Street Journal ● Apr. 15, 2026

On the contrary, by shrinking the tax base and the recruitment pool, conversion were unwelcome and closely scrutinized by the Turks.

From Terrorists and Freedom Fighters by Vaknin, Samuel