tax base

[ taks beys ]

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

So college grads can better support themselves without government assistance and in turn contribute to the tax base.

From The Daily Beast

Her property taxes are so high because the businesses have all fled, which means that the tax base is very thin.

From The Daily Beast

Then follow up those measures with serious steps to contain long-term Medicare spending and expand the national tax base.

From The Daily Beast

An older population will cost far more in health care spending and pensions, and will be accompanied by a declining tax base.

From The Daily Beast

They want a big government with a generous welfare state, and a tax base that's about half the necessary size.

From The Daily Beast

And it could make the tax base broader, so personal tax rates could come down, not go up.

From Project Gutenberg