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单词 discretionary income
释义

discretionary income

noun [mass noun]
Income remaining after deduction of taxes, social security charges, and basic living costs. Compare with disposable income.Fear of unemployment, falling tourism numbers, the impact on disposable, discretionary income of stealth taxes have all taken their toll, as has a squeeze on pay in the private sector....
  • The more the state spends and taxes the less discretionary income citizens have in take-home pay (or what remains after deductions for tax and national insurance).
  • The problem is especially acute at low levels of income, where savings and discretionary income are very limited.
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更新时间:2024/12/23 11:49:53