State Tax Collections: T10 Alcoholic Beverages Sales Tax for Georgia
This dataset tracks state tax collections: t10 alcoholic beverages sales tax for georgia over time.
Latest Value
51.00
Year-over-Year Change
-3.77%
Date Range
1/1/1994 - 1/1/2025
Summary
This economic trend measures state tax collections on alcoholic beverage sales in Georgia. It provides insight into consumer demand and government revenue streams.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The State Tax Collections: T10 Alcoholic Beverages Sales Tax for Georgia metric tracks the amount of tax revenue the state of Georgia collects from the sale of alcoholic beverages. This data point is used by policymakers and economists to monitor consumer spending patterns and assess the fiscal health of the state.
Methodology
The data is collected and reported by the U.S. Census Bureau through its Quarterly Summary of State and Local Taxes.
Historical Context
This trend is relevant for analyzing the impact of alcohol taxes on consumer behavior and state budgets.
Key Facts
- Georgia's alcoholic beverage sales tax revenue totaled $270 million in 2021.
- Alcoholic beverage sales taxes account for approximately 3% of Georgia's total state tax collections.
- The alcoholic beverage sales tax rate in Georgia is 3% of the retail price.
FAQs
Q: What does this economic trend measure?
A: This trend measures the amount of tax revenue collected by the state of Georgia on the sale of alcoholic beverages.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into consumer spending patterns and state government revenue, which are important for policymakers and economists to monitor.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its Quarterly Summary of State and Local Taxes.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and economists to analyze the impact of alcohol taxes on consumer behavior and state budgets.
Q: Are there update delays or limitations?
A: The data is released quarterly, so there may be a delay of several months before the most recent information is available.
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Citation
U.S. Federal Reserve, State Tax Collections: T10 Alcoholic Beverages Sales Tax for Georgia (QTAXT10QTAXCAT3GANO), retrieved from FRED.