Disposable and Discretionary Income: Mastering Financial Freedom, a Guide to Disposable and Discretionary Income

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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.

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