State Tax Collections: T99 Taxes, Not Elsewhere Classified for the United States
QTAXT99QTAXCAT3USNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,034.00
Year-over-Year Change
363.86%
Date Range
1/1/1994 - 1/1/2025
Summary
This economic trend measures state tax collections for 'T99 Taxes, Not Elsewhere Classified' in the United States. It provides insight into a broad category of state tax revenue that is not captured in other specific tax categories.
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 encompasses various state taxes that do not fit into other defined tax types. This trend offers a high-level view of changes in this miscellaneous tax revenue, which can be useful for policymakers and analysts assessing the overall tax landscape.
Methodology
The data is collected and reported quarterly by the U.S. Census Bureau.
Historical Context
This trend is monitored by economists and policymakers to understand fluctuations in state government tax receipts.
Key Facts
- T99 taxes account for about 2-3% of total state tax revenue.
- This category includes taxes on luxury items, occupations, and other sources.
- T99 tax collections tend to be less volatile than other major state tax categories.
FAQs
Q: What does this economic trend measure?
A: This trend measures state tax collections for the 'T99 Taxes, Not Elsewhere Classified' category, which encompasses various miscellaneous state taxes that do not fit into other defined tax types.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into a broad category of state tax revenue, offering a high-level view of changes in miscellaneous tax receipts, which can be useful for policymakers and analysts assessing the overall tax landscape.
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 monitored by economists and policymakers to understand fluctuations in state government tax receipts, which can inform fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is reported quarterly, so there may be a several-month delay between the end of the reporting period and the availability of the latest figures.
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Citation
U.S. Federal Reserve, State Tax Collections: T99 Taxes, Not Elsewhere Classified for the United States (QTAXT99QTAXCAT3USNO), retrieved from FRED.