State Tax Collections: T14 Pari-Mutuels Sales Tax for Kansas

QTAXT14QTAXCAT3KSNO • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.00

Year-over-Year Change

N/A%

Date Range

1/1/1994 - 4/1/2021

Summary

The State Tax Collections: T14 Pari-Mutuels Sales Tax for Kansas tracks tax revenue from pari-mutuel betting in the state. This metric is important for monitoring gambling-related economic activity and tax receipts.

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: T14 Pari-Mutuels Sales Tax for Kansas measures sales tax revenue generated from pari-mutuel betting, such as horse and dog racing. This data point is used by economists and policymakers to analyze trends in gambling-related economic activity and state tax collections.

Methodology

The data is collected by the U.S. Census Bureau through state-level tax revenue reporting.

Historical Context

Pari-mutuel tax collections are relevant for understanding state budgets and policies around the gambling industry.

Key Facts

  • Kansas levies a sales tax on pari-mutuel betting.
  • Pari-mutuel tax collections account for a small portion of total state tax revenue.
  • Trends in pari-mutuel tax receipts reflect changes in gambling activity in Kansas.

FAQs

Q: What does this economic trend measure?

A: The State Tax Collections: T14 Pari-Mutuels Sales Tax for Kansas measures sales tax revenue generated from pari-mutuel betting, such as horse and dog racing, in the state.

Q: Why is this trend relevant for users or analysts?

A: This data point is used by economists and policymakers to analyze trends in gambling-related economic activity and state tax collections, which is relevant for understanding state budgets and policies around the gambling industry.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through state-level tax revenue reporting.

Q: How is this trend used in economic policy?

A: Pari-mutuel tax collections are relevant for understanding state budgets and policies around the gambling industry.

Q: Are there update delays or limitations?

A: The data is subject to the reporting timelines and methodologies of the U.S. Census Bureau.

Related Trends

Citation

U.S. Federal Reserve, State Tax Collections: T14 Pari-Mutuels Sales Tax for Kansas (QTAXT14QTAXCAT3KSNO), retrieved from FRED.