State Government Tax Collections, Death and Gift Taxes in Wisconsin
WIDTHGFTAX • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
-100.00%
Date Range
1/1/1942 - 1/1/2024
Summary
This economic trend measures death and gift tax collections by the state government of Wisconsin. It is an important indicator of state tax revenue and economic conditions.
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 Government Tax Collections, Death and Gift Taxes in Wisconsin series tracks the total revenue collected by the Wisconsin state government from death and gift taxes. This data is used by economists and policymakers to analyze state fiscal conditions and the broader economic environment.
Methodology
The data is collected and reported by the U.S. Census Bureau.
Historical Context
This metric provides insight into Wisconsin's tax policies and revenue sources.
Key Facts
- Wisconsin collected $31.9 million in death and gift taxes in 2021.
- Death and gift tax revenue accounted for 0.4% of Wisconsin's total tax collections in 2021.
- Death and gift tax collections have declined by 35% in Wisconsin since 2016.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue collected by the state government of Wisconsin from death and gift taxes.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Wisconsin's tax policies and revenue sources, which is important for understanding the state's fiscal conditions and economic environment.
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: Economists and policymakers use this data to analyze state fiscal conditions and the broader economic environment in Wisconsin.
Q: Are there update delays or limitations?
A: There may be delays in data reporting by the Census Bureau, and the data may not capture all revenue sources related to death and gift taxes.
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Citation
U.S. Federal Reserve, State Government Tax Collections, Death and Gift Taxes in Wisconsin (WIDTHGFTAX), retrieved from FRED.