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Definition of discretionary income in English: discretionary incomenoun mass nounIncome remaining after deduction of taxes, social security charges, and basic living costs. Compare with disposable income Example sentencesExamples - The problem is especially acute at low levels of income, where savings and discretionary income are very limited.
- Alternatively, individuals at greater risk might select a more comprehensive plan and supplement the voucher's value with other discretionary income.
- 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).
- 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.
- As they enter their retirement years healthier and wealthier than previous generations, Boomers will have more discretionary income for travel and entertainment.
Definition of discretionary income in US English: discretionary incomenoun Income remaining after deduction of taxes, other mandatory charges, and expenditure on necessary items. Compare with disposable income Example sentencesExamples - Alternatively, individuals at greater risk might select a more comprehensive plan and supplement the voucher's value with other discretionary 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 problem is especially acute at low levels of income, where savings and discretionary income are very limited.
- As they enter their retirement years healthier and wealthier than previous generations, Boomers will have more discretionary income for travel and entertainment.
- 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).
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