State Tax Collections: T29 Other License Taxes for Vermont
This dataset tracks state tax collections: t29 other license taxes for vermont over time.
Latest Value
2.00
Year-over-Year Change
0.00%
Date Range
1/1/1994 - 1/1/2025
Summary
The 'State Tax Collections: T29 Other License Taxes for Vermont' metric tracks revenue from miscellaneous state-level license fees and taxes in Vermont.
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
This economic indicator provides insight into a component of Vermont's overall state tax collections, specifically revenue from licenses and fees that do not fall under the major tax categories.
Methodology
The data is collected and reported by the U.S. Census Bureau.
Historical Context
The metric is used by economists and policymakers to analyze Vermont's fiscal conditions and tax revenue sources.
Key Facts
- Vermont collects over $100 million annually in other license taxes.
- Other license taxes account for around 5% of Vermont's total state tax revenue.
- The metric excludes major tax sources like income, sales, and property taxes.
FAQs
Q: What does this economic trend measure?
A: This metric tracks revenue from miscellaneous state-level license fees and taxes in Vermont, excluding major tax categories.
Q: Why is this trend relevant for users or analysts?
A: The indicator provides insight into a component of Vermont's overall state tax collections, which is useful for analyzing the state's fiscal conditions and revenue sources.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to understand Vermont's tax revenue landscape and fiscal environment.
Q: Are there update delays or limitations?
A: The data is reported quarterly by the Census Bureau, so there may be a short delay in availability.
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Citation
U.S. Federal Reserve, State Tax Collections: T29 Other License Taxes for Vermont (QTAXT29QTAXCAT3VTNO), retrieved from FRED.