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Disposable and discretionary income

From Simple English Wikipedia, the free encyclopedia

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

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  1. "Archived copy" (PDF). Archived from the original (PDF) on 2015-10-14. Retrieved 2017-12-07.{{cite web}}: CS1 maint: archived copy as title (link)
  2. "Archived copy" (PDF). Archived from the original (PDF) on 2014-06-11. Retrieved 2019-10-03.{{cite web}}: CS1 maint: archived copy as title (link)

Other websites

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