tax base Synonyms
No Synonyms and anytonyms found
tax base Meaning
Wordnet
tax base (n)
collective value of taxable assets
tax base Sentence Examples
- The local government has decided to widen the tax base to include new property developments.
- The proposed sales tax increase would expand the tax base and generate additional revenue for essential services.
- Reducing deductions and exemptions can help broaden the tax base and distribute the tax burden more equitably.
- The tax base remains stagnant, limiting the government's ability to meet its financial obligations.
- Property taxes provide a stable tax base for municipalities, but rising home values can lead to tax increases.
- The government is considering implementing a value-added tax (VAT) to diversify the tax base and reduce reliance on income taxes.
- A strong tax base is crucial for ensuring a stable and predictable revenue stream for the government.
- The tax base has eroded over time due to tax loopholes and preferences, creating a need for tax reform.
- The government's goal is to create a broad and fair tax base that captures all sources of income.
- The tax base can be affected by economic factors such as inflation, recession, and population growth.
FAQs About the word tax base
collective value of taxable assets
No synonyms found.
No antonyms found.
The local government has decided to widen the tax base to include new property developments.
The proposed sales tax increase would expand the tax base and generate additional revenue for essential services.
Reducing deductions and exemptions can help broaden the tax base and distribute the tax burden more equitably.
The tax base remains stagnant, limiting the government's ability to meet its financial obligations.
