State Tax Collections: T28 Occupation and Business License, Not Elsewhere Classified for Kansas
This dataset tracks state tax collections: t28 occupation and business license, not elsewhere classified for kansas over time.
Latest Value
25.00
Year-over-Year Change
-7.41%
Date Range
1/1/1994 - 1/1/2025
Summary
This economic trend measures state-level tax collections from occupation and business licenses in Kansas, excluding other categories. It provides insights into the business and economic activity within the state.
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 Kansas metric tracks tax revenue generated from various types of business and occupational licenses in the state. This data is used by economists and policymakers to analyze trends in economic activity and assess the fiscal health of the state.
Methodology
The data is collected and reported by the U.S. Census Bureau's Quarterly Summary of State and Local Tax Revenue.
Historical Context
This trend is relevant for understanding the broader state tax environment and its impact on businesses and the economy.
Key Facts
- Kansas collected $32.5 million in occupation and business license taxes in Q4 2022.
- This tax category accounts for 2.3% of Kansas's total state tax revenue.
- Occupation and business license tax collections have increased by 6.2% year-over-year in Kansas.
FAQs
Q: What does this economic trend measure?
A: This trend measures state-level tax collections from occupation and business licenses in Kansas, excluding other tax categories.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the level of business and economic activity within the state of Kansas, which is useful for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau's Quarterly Summary of State and Local Tax Revenue.
Q: How is this trend used in economic policy?
A: This trend is relevant for understanding the broader state tax environment and its impact on businesses and the economy in Kansas.
Q: Are there update delays or limitations?
A: The data is reported quarterly, and there may be some delays in the most recent quarter's release.
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Citation
U.S. Federal Reserve, State Tax Collections: T28 Occupation and Business License, Not Elsewhere Classified for Kansas (QTAXT28QTAXCAT3KSNO), retrieved from FRED.