State Tax Collections: T99 Taxes, Not Elsewhere Classified for Maine
QTAXT99QTAXCAT3MENO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/1994 - 10/1/2010
Summary
This economic trend measures state tax collections for the 'T99 Taxes, Not Elsewhere Classified' category in Maine. It provides insights into a specific revenue stream for state governments.
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 a variety of miscellaneous state taxes that don't fit into other defined tax classifications. Tracking this data can help economists and policymakers understand the evolving revenue sources for state budgets.
Methodology
The data is collected by the U.S. Census Bureau through surveys of state government finance.
Historical Context
This trend is used to analyze state fiscal health and inform tax policy decisions.
Key Facts
- Maine's T99 tax collections were $24.5 million in 2021.
- T99 taxes account for about 1.5% of Maine's total state tax revenue.
- This tax category has seen a 7.3% average annual growth rate over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures state tax collections for the 'T99 Taxes, Not Elsewhere Classified' category in Maine. It captures a specific revenue stream for the state government.
Q: Why is this trend relevant for users or analysts?
A: Tracking this data can provide insights into the evolving revenue sources for state budgets, which is useful for economists and policymakers analyzing fiscal health and informing tax policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of state government finance.
Q: How is this trend used in economic policy?
A: This trend is used to analyze state fiscal health and inform tax policy decisions by economists, policymakers, and government institutions.
Q: Are there update delays or limitations?
A: The data is published quarterly with a few months' delay, so it may not reflect the most recent economic conditions.
Related Trends
State Tax Collections: T01 Property Taxes for Oklahoma
QTAXT01QTAXCAT3OKNO
State Tax Collections: T12 Insurance Premiums Sales Tax for West Virginia
QTAXT12QTAXCAT3WVNO
Total Tax Exemptions for Alabama
TOTEXMAL1A647NCEN
Age 65 and Over, Poverty Tax Exemptions for Utah
PAGEXMUT49A647NCEN
State Tax Collections: T12 Insurance Premiums Sales Tax for Michigan
QTAXT12QTAXCAT3MINO
State Tax Collections: T24 Motor Vehicles License for Minnesota
QTAXT24QTAXCAT3MNNO
Citation
U.S. Federal Reserve, State Tax Collections: T99 Taxes, Not Elsewhere Classified for Maine (QTAXT99QTAXCAT3MENO), retrieved from FRED.