Personal Income

A Personal Income is a person's total monetary increase/earnings over some time period (typically from wages, investment enterprises, and other ventures).

Context:
- It can range from being a Personal Taxable Income to being a Personal Untaxable Income.
- It can range from being a Bottom Personal Income to being a Middle Personal Income to being a Top Personal Income [1].
- It can (typically) be a portion of a Household Income.
Example(s):
Context:
- a Personal Expense.
- a Personal Wealth or a Personal Debt.
- a Personal Tax.
See: Organization Income.

References

http://en.wikipedia.org/wiki/Personal_income
- In economics, personal income refers to an individual's total earnings from wages, investment enterprises, and other ventures. It is the sum of all the incomes actually received by all the individuals or household during a given period. Personal income is that income which is actually received by the individuals or households in a country during the year from all sources.

(Atkinson et al., 2009) ⇒ Anthony B Atkinson, Thomas Piketty, and Emmanuel Saez. (2009). “Top Incomes in the Long Run of History." doi:10.1257/jel.49.1.3
- QUOTE: A recent literature has constructed top income shares time series over the long run for more than twenty countries using income tax statistics. Top incomes represent a small share of the population but a very significant share of total income and total taxes paid. Hence, aggregate economic growth per capita and Gini inequality indexes are sensitive to excluding or including top incomes. We discuss the estimation methods and issues that arise when constructing top income share series, including income definition and comparability over time and across countries, tax avoidance, and tax evasion.