State Tax Collections: T51 Documentary and Stock Transfer Taxes for Vermont

QTAXT51QTAXCAT3VTNO • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

25.00

Year-over-Year Change

-3.85%

Date Range

1/1/1994 - 1/1/2025

Summary

This economic trend measures the documentary and stock transfer tax revenue collected by the state of Vermont. It is an important indicator of economic activity and financial transactions within the state.

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: T51 Documentary and Stock Transfer Taxes for Vermont series tracks the revenue generated from taxes levied on legal documents and stock market trades in Vermont. This data provides insights into the level of financial and commercial activity in the state.

Methodology

The data is collected by the U.S. Census Bureau through surveys of state tax authorities.

Historical Context

Policymakers and economists use this data to assess the overall health of Vermont's economy and financial markets.

Key Facts

  • Vermont levies a documentary tax on legal documents such as deeds and mortgages.
  • The state also imposes a tax on stock market trades executed within its borders.
  • Tax collections from these sources provide revenue for Vermont's state government.

FAQs

Q: What does this economic trend measure?

A: This trend measures the tax revenue collected by the state of Vermont from documentary taxes on legal documents and stock transfer taxes on financial transactions.

Q: Why is this trend relevant for users or analysts?

A: This data provides insights into the level of economic and financial activity in Vermont, which is relevant for policymakers, investors, and economists analyzing the state's economic performance.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of Vermont's state tax authorities.

Q: How is this trend used in economic policy?

A: Policymakers and economists use this data to assess the overall health of Vermont's economy and financial markets, which can inform decisions on taxation, spending, and economic development policies.

Q: Are there update delays or limitations?

A: There may be delays in the reporting of this data, and the specific tax policies and rates in Vermont can change over time, affecting the interpretation of the trend.

Related Trends

Citation

U.S. Federal Reserve, State Tax Collections: T51 Documentary and Stock Transfer Taxes for Vermont (QTAXT51QTAXCAT3VTNO), retrieved from FRED.