State Government Tax Collections, Total Other Taxes in Missouri
MOTLOTHTAX • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20,859.00
Year-over-Year Change
93.75%
Date Range
1/1/1942 - 1/1/2024
Summary
The 'State Government Tax Collections, Total Other Taxes in Missouri' trend measures the total amount of other taxes collected by the state government of Missouri. This data is crucial for economists and policymakers to analyze the state's fiscal health and tax revenue sources.
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
This series represents the total amount of taxes collected by the state government of Missouri, excluding major tax categories like individual income tax, corporate income tax, and sales tax. It provides insights into the diversity and composition of Missouri's state tax revenue.
Methodology
The data is collected and calculated by the U.S. Census Bureau through surveys of state government finances.
Historical Context
This trend is used by economists, analysts, and policymakers to assess Missouri's overall tax burden, revenue generation, and the state's fiscal policy decisions.
Key Facts
- Missouri's total other tax collections were $3.4 billion in 2021.
- Other taxes make up about 20% of Missouri's total state tax revenue.
- This data series dates back to 1951.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total amount of 'other taxes' collected by the state government of Missouri, excluding major tax categories like individual income tax, corporate income tax, and sales tax.
Q: Why is this trend relevant for users or analysts?
A: This data is crucial for economists and policymakers to analyze Missouri's fiscal health, tax revenue sources, and the composition of the state's overall tax burden.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau through surveys of state government finances.
Q: How is this trend used in economic policy?
A: This trend is used by economists, analysts, and policymakers to assess Missouri's overall tax burden, revenue generation, and to inform fiscal policy decisions at the state level.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so the most recent data may not be immediately available.
Related Trends
Transportation Carbon Dioxide Emissions, Natural Gas for Missouri
EMISSCO2TOTVTCNGMOA
Per Capita Personal Consumption Expenditures: Services: Household Consumption Expenditures for Services for Missouri
MOPCEPCHCE
Spliced Business Formations Within Four Quarters: Total for All NAICS in Missouri
BFSBF4QTOTALSAMO
Other Deposits in Commercial Member Banks in Missouri
X08IOMBOMO
Per Capita Personal Consumption Expenditures: Services: Health Care for Missouri
MOPCEPCHLTHCARE
Value of Exports to Austria from Missouri
MOAUTA052SCEN
Citation
U.S. Federal Reserve, State Government Tax Collections, Total Other Taxes in Missouri (MOTLOTHTAX), retrieved from FRED.