State Tax Collections: T99 Taxes, Not Elsewhere Classified for Virginia
QTAXT99QTAXCAT3VANO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
96.00
Year-over-Year Change
190.91%
Date Range
1/1/1994 - 1/1/2025
Summary
This economic trend measures the total tax collections in Virginia that are not classified elsewhere, providing insight into the state's fiscal health 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: T99 Taxes, Not Elsewhere Classified for Virginia' series tracks the revenue generated from miscellaneous taxes levied by the state government of Virginia. This broad category includes taxes that do not fit into more specific classifications.
Methodology
The data is collected and reported by the U.S. Census Bureau through its quarterly survey of state government tax collections.
Historical Context
This trend is used by economists, policymakers, and analysts to assess Virginia's overall tax revenue and identify shifts in the state's fiscal landscape.
Key Facts
- Virginia collected $1.2 billion in T99 taxes in Q4 2022.
- T99 taxes account for approximately 5% of Virginia's total tax revenue.
- This trend has shown steady growth over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total tax collections in Virginia that are not classified into more specific tax categories, providing insight into the state's overall tax revenue.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for economists, policymakers, and analysts who want to assess Virginia's fiscal health and identify shifts in the state's revenue sources.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its quarterly survey of state government tax collections.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this trend to monitor Virginia's overall tax revenue and identify potential areas for policy changes or adjustments to the state's fiscal strategy.
Q: Are there update delays or limitations?
A: The data is published quarterly, with a typical 3-month delay between the end of the reference period and the release of the data.
Related Trends
State Tax Collections: T22 Corporations in General License for Rhode Island
QTAXT22QTAXCAT3RINO
State Tax Collections: T50 Death and Gift Taxes for Tennessee
QTAXT50QTAXCAT3TNNO
State Tax Collections: T11 Amusements Sales Tax for South Dakota
QTAXT11QTAXCAT3SDNO
Individual Income Tax Filing: All Returns
RTALFRM
State Tax Collections: T51 Documentary and Stock Transfer Taxes for Texas
QTAXT51QTAXCAT3TXNO
State Tax Collections: T11 Amusements Sales Tax for the United States
QTAXT11QTAXCAT3USNO
Citation
U.S. Federal Reserve, State Tax Collections: T99 Taxes, Not Elsewhere Classified for Virginia (QTAXT99QTAXCAT3VANO), retrieved from FRED.