Disposable and discretionary income

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

References

Other websites
 —even though this says it's measuring "disposable income," using the economist's language, it's discretionary income.
 Eurostat, News Release No. 60/2010, , 30 April 2010
 Eurostat, Statistics Explained, Glossary article: National Disposable Income
 OECD Disposable income statistics 
 Google – public data: GDP and Personal Income of the U.S. (annual): Disposal Personal Income
 Google – public data: GDP and Personal Income of the U.S. (annual): Disposal Personal Income per capita

Category:Finance