State Tax Collections: T50 Death and Gift Taxes for Texas
QTAXT50QTAXCAT3TXNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
355.00
Year-over-Year Change
N/A%
Date Range
1/1/1994 - 10/1/2011
Summary
This series measures state tax collections for death and gift taxes in Texas. It provides insights 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 Texas metric tracks the revenue generated by death and gift taxes levied by the state government. This data is used by economists and policymakers to analyze Texas' tax structure and budget.
Methodology
The data is collected and reported by the U.S. Census Bureau.
Historical Context
This trend is relevant for understanding Texas' tax policy and its impact on state finances.
Key Facts
- Texas does not have a state estate tax.
- Death and gift taxes account for a small portion of Texas' overall tax revenue.
- Tax collections in this category can fluctuate due to changes in wealth transfers.
FAQs
Q: What does this economic trend measure?
A: This trend measures the revenue collected by the state of Texas from death and gift taxes.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into Texas' tax structure and fiscal health, which is useful for economists, policymakers, and market analysts.
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: This trend is used by economists and policymakers to analyze Texas' tax policy and its impact on state finances.
Q: Are there update delays or limitations?
A: There may be delays in reporting, and the data is limited to the state of Texas.
Related Trends
State Tax Collections: T53 Severance Taxes for Illinois
QTAXT53QTAXCAT3ILNO
Individual Income Tax Filing: Refundable American Opportunity Credit Used to Offset Income Tax Before Credits
RFAOCTOITBC
Poverty, Child Tax Exemptions for Missouri
PCHEXMMO29A647NCEN
State Tax Collections: T51 Documentary and Stock Transfer Taxes for Alabama
QTAXT51QTAXCAT3ALNO
State Tax Collections: T01 Property Taxes for South Carolina
QTAXT01QTAXCAT3SCNO
State Tax Collections: T16 Tobacco Products Sales Tax for Alaska
QTAXT16QTAXCAT3AKNO
Citation
U.S. Federal Reserve, State Tax Collections: T50 Death and Gift Taxes for Texas (QTAXT50QTAXCAT3TXNO), retrieved from FRED.