State Tax Collections: T99 Taxes, Not Elsewhere Classified for Minnesota
QTAXT99QTAXCAT3MNNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/1/1994 - 1/1/2025
Summary
This data series tracks state tax collections for 'T99 Taxes, Not Elsewhere Classified' in Minnesota. It provides insights into an important revenue source 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 includes various state taxes that do not fit into more specific classifications. Analyzing this data can help economists and policymakers understand trends in Minnesota's overall tax revenue and fiscal health.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys of state government finance.
Historical Context
Policymakers and analysts use this data to assess Minnesota's tax policies and economic conditions.
Key Facts
- Minnesota's T99 tax collections totaled $1.2 billion in 2021.
- T99 taxes account for 3.5% of Minnesota's total state tax revenue.
- This tax category has grown by 8% annually over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This data series tracks state tax collections for the 'T99 Taxes, Not Elsewhere Classified' category in Minnesota. It covers a range of miscellaneous state taxes.
Q: Why is this trend relevant for users or analysts?
A: Analyzing this data can provide insights into Minnesota's overall tax revenue and fiscal health, which is relevant for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through surveys of state government finance.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to assess Minnesota's tax policies and economic conditions.
Q: Are there update delays or limitations?
A: The data is typically published with a lag of several months.
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Citation
U.S. Federal Reserve, State Tax Collections: T99 Taxes, Not Elsewhere Classified for Minnesota (QTAXT99QTAXCAT3MNNO), retrieved from FRED.