Personal income (PI) The amount of income that households actually receive before they pay personal income taxes.
Personal saving (S) Saving is what is left over from disposable personal income after consumption.
personal income income paid directly to individuals; includes labor income, transfer payments, and the part of capital income that is paid out to individuals. (20) ...
Personal income - Income earned by, or paid to, individuals before allowance for personal income taxes on that income.
PERSONAL INCOME AND DISPOSABLE INCOME: Personal income (PI) is the total income received by the members of the domestic household sector, which may or may not be earned from productive activities during a given period of time, usually one year.
personal income minus personal income tax payments and other government deductions. It is the amount of personal income available for people to spend or save; also called take-home pay.
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Personal Income Tax on Russian Expatriates
by Veronica Goncharenko
Question: I was working in Russia until June 2010 after which I came and started full-time employment in Cyprus. I have paid 13% Russian income tax on my remuneration in Russia.
Personal income minus personal income tax payments. Also called "take-home pay."
Personal Identification Number (PIN): ...
Personal income
Total income received from all sources, including wages, salaries, or rents, and the like.
Personal inflation rate ...
Personal income tax is often collected on a pay-as-you-earn basis, with small corrections made soon after the end of the tax year.
Personal Income And Outlays
A set of two data points produced by the Bureau of Economic Analysis that track personal income and monthly spending. Personal income is the dollar value of income from all sources by individuals in the U.S.
On the personal income tax return (T1), the above types of income are reported on lines 135 to 143.
Payroll
Personal income less transfer payments
Leading indicators are economic indicators which tend to change before the general economic activity.
Example: ...
In general, personal incomes below a certain amount are exempted from the individual income tax, the amount varying for single and for married persons with or without dependents.
There is no personal income tax in St Kitts. Qualified companies enjoy full exemption from taxes on corporate profits for up to 15 years. Corporate tax is levied at the rate of 35% of net profits.
Definition: personal income tax rate that applies to cases where taxes would otherwise fall below a certain level (p.245)
Alternative minimum tax (AMT)
Congressional Budget Office ...
The amount of personal income an individual has after taxes and government fees, which can be spent on necessities, or non-essentials, or be saved.
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Personal Finance Glossary ...
The amount of personal income an individual has after taxes that can be spent on necessities, or non-essentials, or be saved.
Distress sale ...
Savings rate Personal savings as a percentage of disposable personal income. Scalability The ability to increase the size of a business while either maintaining or increasing its profit margin.
Personal exemption Amount of money a taxpayer can exclude from personal income for each member of the household in calculation of a tax obligation.
Income tax A state or federal government's levy on individuals as personal income tax and on the earnings of corporations as corporate income tax.
per capita income Per Capita Income is derived by dividing total personal income (in the US, an... per diem Occurring daily.
corporate income, personal income, real property.
TAXABLE EVENT -- Term used to define an occurrence which affects the liability of a person to tax.
TAXABLE PERIOD -- Taxes are levied by reference to a period of time called the "taxable period".
Private consumption, therefore, is an increasing function of personal income Y, net of taxes paid to the fiscal authority T: higher income levels make the budget constraint looser and support higher levels of spending.
In the US, the amount a person may subtract from personal income when computing federal and state income tax....(Read more)
Personal Identification Number ...
Following the collapse of communism, most of these countries had a combination of personal income and payroll taxes that generated high marginal tax rates. As a result, the incentive to work was weak and tax evasion was massive.
Tax wedge [r]: the difference between the cost of labour to employers and the take-home pay of employees; made up of the sum of personal income tax and employee plus employer social security contributions together with any payroll tax less cash ...
Offshore banking has often been associated with the underground economy and organized crime, via tax evasion and money laundering; however, legally, offshore banking does not prevent assets from being subject to personal income tax on interest.
Income tax is tax levied against personal income or a business entity's net profits. In the United States, the Federal government, most of the 50 states, and some municipalities, such as New York City, levy income tax on individuals.
For an S Corporation, the profits from the sale flow directly to the individual shareholder and are taxed at the personal income tax level. But, a seller with a C corporation faces a very different situation.
personal income
Definition: Income per capita is another way of saying average income per person. Income per capita is estimated by the U.S. Census every 10 years.
If you're lucky enough to live in a state without a personal income tax, you're in for even bigger savings. You can now deduct what you spend on sales tax from your federal return.
A charge imposed by a government on personal income, corporate profits, the value of land, the sale of goods and other financial activities or assets. The government uses the money collected through tax to fund public spending.
Veterinary Economics annually conducts a statistically valid survey of veterinarians to compile information about practice revenue by type of practice, personal income by type of practice, ...
Definition: Income left to individuals after all taxes have been paid, personal income available for spending and saving.
I agree with a recovery in earnings (but not personal incomes) and I disagree with an increase in inflation. The 10 year Treasury bond simply returned to its pre-panic yield level of around 4%.
As this is a tax deduction from personal income, it is advantageous for taxpayers to maximize the value of their RRSP deduction - as they minimize the amount of money that is subject to personal income tax.
DISPOSABLE INCOME - The amount of personal income an individual has after taxes and government fees, wh...
DISPOSAL - The discharge, deposit, injection, dumping, spilling, leaking, or placing of any solid waste...
Personal savings as a percentage of disposable personal income.
Scale
Payment of different rates of interest on CDs of varying maturities. A bank is said to "post a scale." Commercial paper dealers also post scales.
Scale-enhancing ...
Disposable Income definition :
The amount of personal income an individual has after taxes and government fees, which can be spent on necessities, or non-essentials, or be saved.
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Personal Disposable Income
Personal income that is left after subtracting personal income tax payments. Also called "take-home pay." ...
Individual tax return
A tax return filed by an individual to account for their personal income and taxes payable.
Inductive reasoning
The attempt to use information about a specific situation to draw a conclusion.
Individuals who are considered to be accredited investors should have a personal income of at least $200K in each of the two most recent years of investment or have a combined account with a spouse in excess of $300K in each of those years.
LLCs, unlike C Corps, are not taxed on profits, but instead all owners of the LLC are taxed through personal income received from the company. Also, unlike the C Corp, the LLC is constructed for a limited period of time.
Economic variables that are considered to predict future economic activity (i.e. Unemployment, Consumer Price Index, Producer Price Index, Retail Sales, Personal Income, Prime Rate, Discount Rate, and Federal Funds Rate).
Leaps ...
Sole Proprietorship
A method of owning a business in which one person owns the entire business and reports all profits and losses directly on his or her personal income tax return, as contrasted with corporate, joint or partnership ownership.
Definition: Justice or fairness in how individuals who are in different circumstances are treated e.g. in linking the amount of tax paid to personal income.
Related glossary term:
Horizontal equity ...
Debt Ratio
The ratio of the issuer's general obligation debt to a measure of value, such as real property valuations, personal income, general fund resources, or population.
For tax purposes, the net income of the proprietorship is reported as self employment income on the owner's personal income tax return.
See also Should you incorporate your small business?
Prospectus ...
However, if you had received the shrubs in exchange for some personal, non-business service such as babysitting, they should be reported as miscellaneous personal income on Line 21 of your Form 1040.
calculated by multiplying the total number of responses in each income range by the mid-point of the range and dividing by the total population. It does not include those who have no income. This is available for both household and personal income.
Even so, although rates were cut, because both personal income and corporate profits grew steadily throughout this period the total amount collected via direct taxation continued to rise.
For example, General Motors is a cyclical stock since its business of selling autos is highly dependent on a robust economy with its attendant high levels of employment, rising personal incomes, etc.
Soft dollars refer to that portion of funds advanced by the investor for the investment, such as prepaid interest, real property taxes, current excess depreciation, and management fees, that are deductible on the taxpayer's personal income tax return.
Its recommendations encompass the areas of corporate taxes, customs and excise duties, and personal income taxes. Among its numerous suggestions aimed at improving revenue buoyancy and simplicity are the following : ...
Maximum Deductible Contribution
The maximum amount a person is permitted to pay into a superannuation scheme from his or her personal income. This contribution is indexed annually to average weekly ordinary time earnings (AWOTE).
Personal income taxes were and still are higher in Canada. The point is that those who assume that Canadian manufacturers had it easy at a 75 cent dollar, have generally not offered any proof of that.
Profits are taxable as a part of the proprietor's personal income. speculative portfolio A collection of high-risk securities chosen in the hope of producing high profit. spot price The current price of a commodity or foreign currency.
[Harvey][WCSU] bracket creep The process by which inflation drives personal incomes upward into higher tax brackets. In a progressive income tax system, this causes an increase in tax burdens.
 See also: Expense, Banks, Values, Saving, Funding
  
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