0
The amount of money people have to spend after taxes are paid is known as disposable income. It is calculated by subtracting all mandatory taxes, such as income tax and social security contributions, from an individual's total income. This remaining income can be used for consumption, savings, or investments. Disposable income varies based on income levels, tax rates, and personal financial circumstances.
What else can I help you with?
What is defined as the amount of total money people pay in taxes?
Tax Burden
What branch collect and spend money from taxes?
legislative..
Why does the governent charge taxes?
To collect revenue and to spend the money for development activities
What is a fixed amount of money that is excused from taxes?
Exemption
Can you file taxes on money you spent in jail?
Money that you spend in jail would not be reported on your income tax return.
What is the money governmetn can decide how to spend?
Discretionary funds is the money the government can decide how to spend.
What is the role of parliment?
a body of people who decide rules and regulations to be followed by the people like what to spend the money on plus where to get the money from eg: taxes ;)
What is defined as the amount of total money people pay in taxes?
Tax Burden
Do taxes pay off the national debt?
The national debt can be repaid by taxes, but only if the amount of other spending is less than the amount of taxes that are collected. If the government continues to spend more money every year than it collects in taxes, then the debt will necessarily increase.
What is a definition spending power tourist?
If you have money to spend after paying taxes and all expenses, you have spending power according to the amount of money you have left over. A tourist with spending power has money to spend after all travel expenses are paid or accounted for.
What branch collect and spend money from taxes?
legislative..
How did president Ronald reagans supply side economics work?
Taxes are reduced, so people have increased income to spend.
How much money does the federal government spend on court taxes?
The federal gov doesn't pay taxes
How can people make sure their budgets remain balanced?
Practice, and keeping track of every penny they spend. And, well, budgeting. They decide how much money they get to spend where and how much extra money they have and how much taxes will take and how much money they will have as free spending money and they stick to it
What did the lawmakers do to attract people to Florida in the early 1900s?
They made it inexpensive to live in Florida .These leaders decided to keep Florida taxes low so that people would have to spend less money to spend here.
Most workers spend more of their money paying this than any other item?
Workers spend quite a bit of their money paying taxes. These taxes include social security and income taxes. Some workers have other deductions taken out of their paycheck.
How can you be returned my spend money from IRS?
File the appropriate return for the taxes you had withheld.
