tax base - Investment & Finance Definition
The total area, including all property, assets, and income that can be taxed by a city or state. If population growth slows in one city or suburb and shifts to another area, the tax bases of the different areas also change. The area people are leaving will see its tax base shrink. The newly popular area will see its tax base grow. If businesses leave an area that also shrinks the tax base.
Webster's New World Finance and Investment Dictionary Copyright © 2010 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.
Used by arrangement with John Wiley & Sons, Inc.
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"tax base." YourDictionary, n.d. Web. 17 August 2018. <http://www.yourdictionary.com/tax-base>.
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tax base. (n.d.). Retrieved August 17th, 2018, from http://www.yourdictionary.com/tax-base
