State Tax Collections: T50 Death and Gift Taxes for Minnesota
QTAXT50QTAXCAT3MNNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
73.00
Year-over-Year Change
25.86%
Date Range
1/1/1994 - 1/1/2025
Summary
This series tracks state tax collections for death and gift taxes in Minnesota, providing insights into the state's fiscal conditions and 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
The State Tax Collections: T50 Death and Gift Taxes for Minnesota series measures the total revenue collected by the state of Minnesota from death and gift taxes. This data is used by economists and policymakers to analyze Minnesota's tax structure, fiscal health, and revenue trends.
Methodology
The data is collected by the U.S. Census Bureau through surveys of state tax authorities.
Historical Context
This trend is relevant for understanding Minnesota's tax policy and budget considerations.
Key Facts
- Minnesota's death and gift tax collections totaled $X in the most recent year.
- Death and gift taxes account for Y% of Minnesota's total state tax revenue.
- The state's death and gift tax revenue has trended Z% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total tax revenue collected by the state of Minnesota from death and gift taxes.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into Minnesota's tax structure and fiscal health, which is important for economists, policymakers, and analysts studying state-level taxation and public finance.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of state tax authorities.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze Minnesota's tax policy, revenue sources, and budget considerations.
Q: Are there update delays or limitations?
A: There may be delays of several months in the publication of this data, and the series does not include data for all states.
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Citation
U.S. Federal Reserve, State Tax Collections: T50 Death and Gift Taxes for Minnesota (QTAXT50QTAXCAT3MNNO), retrieved from FRED.