How do you find someone's personal income?
If you mean how do you find out how much someone reported as
taxable income on their return:
Barring someone that has been provided that information like a loan officer or such, you can't. It is against the law and agreements in most all information requests by outside parties, for anyone involved with a return or it's handling to disclose any information about it.
That even includes IRS employees, who CANNOT even access someones files without an authorization process and reason, and a record being made they did. If the information becomes known, the authorities would pursue how it was discovered.
I believe it falls not just under an invasion of privacy, but as none of your business!
What s meant by income inequality.distinguish between personal and functional distribution of income.?
Personal income: -It is the sum total of earned income and transfer incomes received by persons from all sources within and outside the country. Personal income = private income - corporate tax -corporate savings (undistributed profit) Private income: consists of factor income and transfer income received from all sources by private sectors within and outside the country. Source:http://www.transtutors.com/homework-help/macro-economics/measuring-domestic-output-national-income/assessing-economy-performance/other-national-accounts/personal-income/
Personal income all of the income that you call your own, And disposable income would be any amount that YOU MAY HAVE LEFT AFTER contributing to your savings and retirement plans and paying all of your taxes, bills, debts, living, transportation and all other necessary expenses that you may have and owe. Any amount of your personal income THAT YOU HAVE LEFT AFTER THAT would be disposable income that you could give away, throw away…