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Discretionary spending
As many as the politicians will let it ! I find it intersting that the budget deficit is a the difference between Government spending versus Government Income.... Don't you actually have to earn income?
discretionary spending
Discretionary spendingDiscretionary spendingDiscretionary spending
there is no difference.
Income is money coming in, expenditure is money going out (spending).
No the borrowed money would not be taxable income to you that you would report on your 1040 federal income tax return as income in the year that the amount is borrowed.
In the monetarist model, a difference between desired spending and income is caused by either an excess demand for money (MD > MS) or an excess supply of money (MS > MD). An excess demand for money reduces desired spending, and an excess supply increases it. In the Keynesian model, changes in desired spending (particularly in desired investment spending) cause the difference.
Increases in income allow for more disposable income which increases spending and the demand for goods. Decreases in income conversely decreases disposable income which decreases spending.
A debt-to-income ratio of more than 20% may indicate that you have borrowed too much relative to your income.
Discretionary spending
Deficit spending.
Money that is borrowed is not taxable. If you borrow it and don't pay it back, it can be classified as income and be subject to income tax. If you borrow money and are not being charged interest, the government will consider the cost of interest to be income that is taxed.
As many as the politicians will let it ! I find it intersting that the budget deficit is a the difference between Government spending versus Government Income.... Don't you actually have to earn income?
discretionary spending
We can do it
What type of software could be used for each of the followingcalculating household income and spending?