Disposable and discretionary income

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Disposable income is the income someone has after they have paid their taxes. Mathematically, it is total personal income minus personal current taxes.[1] In national accounts definitions, personal income minus personal current taxes equals disposable personal income.[2]

References[change | change source]

  1. "Archived copy" (PDF). Archived from the original (PDF) on 2015-10-14. Retrieved 2017-12-07.CS1 maint: archived copy as title (link)
  2. http://www.bls.gov/bls/fesacp1061104.pdf

Other websites[change | change source]