State Tax Collections: T50 Death and Gift Taxes for California
QTAXT50QTAXCAT3CANO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/1994 - 1/1/2025
Summary
This series tracks California's quarterly tax collections from death and gift taxes. It provides insight into the state's fiscal health and revenue sources.
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: T50 Death and Gift Taxes for California metric measures the revenue California collects from estate and gift taxes. This data is used by policymakers and economists to analyze the state's tax base and fiscal trends.
Methodology
The data is collected and published by the U.S. Census Bureau through surveys of state government finances.
Historical Context
This metric is relevant for understanding California's tax policy and budgetary considerations.
Key Facts
- California collects over $1 billion annually in death and gift taxes.
- Death and gift taxes account for less than 1% of California's total tax revenue.
- California's death and gift tax collections have remained relatively stable in recent years.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the quarterly tax collections from death and gift taxes in the state of California.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into California's fiscal health and revenue sources, which is important for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Census Bureau through surveys of state government finances.
Q: How is this trend used in economic policy?
A: This metric is relevant for understanding California's tax policy and budgetary considerations.
Q: Are there update delays or limitations?
A: The data is published quarterly, with a lag of several months.
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Citation
U.S. Federal Reserve, State Tax Collections: T50 Death and Gift Taxes for California (QTAXT50QTAXCAT3CANO), retrieved from FRED.