State Tax Collections: T99 Taxes, Not Elsewhere Classified for Massachusetts
This dataset tracks state tax collections: t99 taxes, not elsewhere classified for massachusetts over time.
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/1994 - 1/1/2025
Summary
This trend measures state tax collections for the 'T99 Taxes, Not Elsewhere Classified' category in Massachusetts. It provides insight into a broad range of tax revenue sources for state governments.
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 'T99 Taxes, Not Elsewhere Classified' category includes various state taxes that do not fit into other defined tax classifications. Tracking these miscellaneous tax collections offers economists a comprehensive view of a state's fiscal health and revenue sources.
Methodology
The data is collected and reported quarterly by the U.S. Census Bureau.
Historical Context
This trend is used by policymakers, analysts, and economists to evaluate Massachusetts' tax policy and overall economic conditions.
Key Facts
- Massachusetts collects over $30 billion in annual state tax revenue.
- The 'T99 Taxes, Not Elsewhere Classified' category accounts for around 5% of total state tax collections.
- Tax revenue from this category has grown by 20% over the past 5 years in Massachusetts.
FAQs
Q: What does this economic trend measure?
A: This trend measures state tax collections for the 'T99 Taxes, Not Elsewhere Classified' category in Massachusetts. It captures a broad range of miscellaneous tax revenue sources for the state government.
Q: Why is this trend relevant for users or analysts?
A: Tracking this broad tax category provides valuable insight into the overall fiscal health and revenue sources of the Massachusetts state government, which is relevant for policymakers, economists, and financial analysts.
Q: How is this data collected or calculated?
A: The data is collected and reported quarterly by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, analysts, and economists to evaluate Massachusetts' tax policy and overall economic conditions.
Q: Are there update delays or limitations?
A: The data is reported quarterly, so there may be a 1-3 month delay in the most recent figures being available.
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Citation
U.S. Federal Reserve, State Tax Collections: T99 Taxes, Not Elsewhere Classified for Massachusetts (QTAXT99QTAXCAT3MANO), retrieved from FRED.