State Tax Collections: T28 Occupation and Business License, Not Elsewhere Classified for Alaska
This dataset tracks state tax collections: t28 occupation and business license, not elsewhere classified for alaska over time.
Latest Value
2.00
Year-over-Year Change
-88.24%
Date Range
1/1/1994 - 1/1/2025
Summary
This economic trend measures state tax collections from occupation and business license fees in Alaska, excluding other categories. It provides insights into the state's economic activity and tax revenue generation.
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: T28 Occupation and Business License, Not Elsewhere Classified for Alaska data series tracks the revenue collected by the state of Alaska from taxes on various occupations and business licenses that do not fit into other tax categories. This metric is useful for analyzing trends in Alaska's business environment and economic conditions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of state government finance.
Historical Context
This trend is relevant for policymakers, economists, and investors analyzing Alaska's economic performance and tax policies.
Key Facts
- Alaska has no state personal income tax.
- The state's economy is heavily dependent on oil and gas production.
- Tax revenue is a crucial source of funding for Alaska's government services.
FAQs
Q: What does this economic trend measure?
A: This trend measures the tax revenue collected by the state of Alaska from occupation and business license fees that are not categorized elsewhere.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the business and economic activity in Alaska, which is useful for policymakers, economists, and investors analyzing the state's economic performance and tax policies.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of state government finance.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and analysts to understand the state's economic conditions and evaluate the impact of tax policies on businesses and occupations in Alaska.
Q: Are there update delays or limitations?
A: The data is subject to the release schedule of the U.S. Census Bureau and may have some delays in publication.
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Citation
U.S. Federal Reserve, State Tax Collections: T28 Occupation and Business License, Not Elsewhere Classified for Alaska (QTAXT28QTAXCAT3AKNO), retrieved from FRED.