State Tax Collections: T51 Documentary and Stock Transfer Taxes for Minnesota
This dataset tracks state tax collections: t51 documentary and stock transfer taxes for minnesota over time.
Latest Value
56.00
Year-over-Year Change
-39.78%
Date Range
1/1/1994 - 1/1/2025
Summary
This data series tracks documentary and stock transfer tax collections in the state of Minnesota. It provides insight into revenue from these specific state-level taxes.
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: T51 Documentary and Stock Transfer Taxes for Minnesota' series measures the total revenue collected by the state of Minnesota from documentary and stock transfer taxes. This data is useful for analyzing state fiscal conditions and tax policy trends.
Methodology
The data is collected and published by the U.S. Census Bureau.
Historical Context
This tax revenue information can inform policymakers and analysts on the economic landscape and tax environment in Minnesota.
Key Facts
- Minnesota collects documentary and stock transfer taxes.
- These taxes generated over $100 million in revenue for the state in recent years.
- Tax collections can fluctuate based on economic and financial market conditions.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total revenue collected by the state of Minnesota from documentary and stock transfer taxes.
Q: Why is this trend relevant for users or analysts?
A: This information is useful for analyzing state fiscal conditions and tax policy trends in Minnesota.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This tax revenue data can inform policymakers and analysts on the economic landscape and tax environment in Minnesota.
Q: Are there update delays or limitations?
A: There may be delays in data reporting or revisions due to the nature of state tax collection.
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Citation
U.S. Federal Reserve, State Tax Collections: T51 Documentary and Stock Transfer Taxes for Minnesota (QTAXT51QTAXCAT3MNNO), retrieved from FRED.