State Tax Collections: T99 Taxes, Not Elsewhere Classified for Oklahoma
QTAXT99QTAXCAT3OKNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26.00
Year-over-Year Change
-13.33%
Date Range
1/1/1994 - 1/1/2025
Summary
This economic trend measures miscellaneous state tax collections in Oklahoma, providing insight into the state's revenue sources beyond major categories like sales, income, and property 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 'T99 Taxes, Not Elsewhere Classified' metric captures various state-level taxes in Oklahoma that do not fit into standard classification schemes, offering a broader view of the state's fiscal landscape.
Methodology
The data is collected by the U.S. Census Bureau through surveys of state government finance.
Historical Context
This trend is used by economists and policymakers to analyze the overall tax burden and revenue composition in Oklahoma.
Key Facts
- Oklahoma's 'T99' taxes account for around 5% of total state tax collections.
- This category includes taxes on amusements, licenses, and various other sources.
- The trend data is released quarterly by the U.S. Census Bureau.
FAQs
Q: What does this economic trend measure?
A: This trend measures miscellaneous state tax collections in Oklahoma, capturing taxes that do not fit into major categories like sales, income, or property taxes.
Q: Why is this trend relevant for users or analysts?
A: The 'T99' metric provides a broader view of Oklahoma's tax revenue sources, which is useful for analyzing the state's fiscal position and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of state government finance by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to assess the overall tax burden and revenue composition in Oklahoma, which informs fiscal and economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly by the Census Bureau, so there may be a short delay before the most recent information is available.
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Citation
U.S. Federal Reserve, State Tax Collections: T99 Taxes, Not Elsewhere Classified for Oklahoma (QTAXT99QTAXCAT3OKNO), retrieved from FRED.