What is Disposable and Discretionary Income
Total personal income is subtracted from current income taxes to arrive at disposable income. Discretionary personal income is calculated by subtracting personal current taxes from personal income, according to the definitions of national accounts. The term “disposable income” refers to the amount of money that remains after all taxes have been deducted from one's salary. This is because personal purchases are subtracted from personal savings.
How you will benefit
(I) Insights, and validations about the following topics:
Chapter 1: Disposable and discretionary income
Chapter 2: Saving
Chapter 3: Tax deduction
Chapter 4: Itemized deduction
Chapter 5: Capital gain
Chapter 6: Pay-as-you-earn tax
Chapter 7: Payroll
Chapter 8: Marginal propensity to consume
Chapter 9: Tax bracket
Chapter 10: Income tax in the Netherlands
Chapter 11: Garnishment
Chapter 12: Adjusted gross income
Chapter 13: Traditional IRA
Chapter 14: Average propensity to consume
Chapter 15: European Union withholding tax
Chapter 16: Income tax in Canada
Chapter 17: Average propensity to save
Chapter 18: Disposable household and per capita income
Chapter 19: Above-the-line deduction
Chapter 20: Taxation in Spain
Chapter 21: Taxation in Belgium
(II) Answering the public top questions about disposable and discretionary income.
(III) Real world examples for the usage of disposable and discretionary income in many fields.
Who this book is for
Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Disposable and Discretionary Income.
