### possession | sum | income:

Basic income
* has very different characteristics at different levels.
* is an answer to the risks caused by new, irregular life career model.

Comprehensive income
* good measure of a company's future cash flows.
* is the basis for determining the ability to pay tax in the Canadian tax system.

Discretionary income
* is increased by reducing taxes.
* is what allows people to dine out, see a movie, buy new clothes
  - is left of disposable income after paying for necessities

### possession | sum | income:

Disposable income
* Disposable Income Having disposable income sign of positive cash flow.
* are incomes.
* is an income
  - estimated by metropolitan area of each state
  - personal income less all additional personal taxes
  - simply a measure of what can be done to promote fairness
* is the amount that remains after paying taxes
  - income actually available for spending and saving
  - money a consumer has left after paying taxes
  - stuff that is needed for educational institutions
  - used to make financial contributions
* is what is left after taxes
  - to the family after taxes
  - people earn, less taxes
* means roughly all wages and profits personally received, less taxes.

### possession | sum | income:

Earned income
* includes employment and self-employment income and pensions
  - income earned from hospitals as a result of work-related training
  - wages, salaries, commissions, and self-employment income
* includes wages, tips, and other payments received for personal services performed
* is all compensation for personal services actually rendered
  - any amount received as pay for work done
  - different from work
  - equal to net monthly income after business expenses, and before taxes
  - gross income earned as an employee, plus net earnings from self-employment
  - income earned by working, by performing a service for someone
  - money received for personal effort
  - often the major source of income for poor people
  - pay for personal services performed, such as wages, salaries, or professional fees
  - salary or wages or self-employment income
  - usually in the form of wages, salary, commission, fees, tips, or bonuses
  - wages and tips
  - wages, salaries, professional fees, and other pay for personal services
* means to an end, rather than an end in itself.

Easy money
* is an income
  - financial conditions
  - responsible for soaring stock markets
* leads to inflation in any century.

Family income
* affects child-rearing costs.
* correlates with lead exposure in children.
* includes wages and all other types of income.
* is derived primarily from personal earnings
  - key to children's involvement in sport
  - used to determine monthly parental fees
* refers to sum of the total incomes of all members of that family.
* seems to be a factor significant to increased loneliness.

Farm income
* Most farm income is taxed under the individual income tax rather than the corporate income tax.
* is considered self-employment income, so it qualifies for the earned income credit.
* varies greatly depending upon the type and size of farm
  - widely from year to year

Higher income
* allow access to medical care, better housing and safer neighborhoods.
* depend on higher skills.
* has a larger negative effect in summer months than in the winter.
* increases the number of years children attend school by only one-fifth of a year.
* leads to selection of more leisure and less work.
* mean good food, warm houses, and hot water.
* reduce the demand for inferior goods.
* reflects gain on the sale of securities.