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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (276809)	2/27/2006 9:29:40 PM
From: TimF	Read Replies (1) of 1573346

"National income" does not equal "income that accrues to the gov't as taxes.". National income is the income of the nation, not of the government. By "the article" I assume you mean this - Message 22040265 It doesn't give a percentage for the percent of American national income that is going to defense. Also if it did use "national income to mean government income it used the term incorrectly --- en.wikipedia.org "Gross National Income (GNI) GNI equals Gross National Product, except that it is the income earned from the sale of products and services." oup.com "National income The income generated by a country's production, and therefore the total income of its factors of production. Except for some adjustments that don't usually enter theoretical models, NI is the same as GDP." www-personal.umich.edu Gross national income National income plus capital consumption allowance. www-personal.umich.edu GNI per capita - Gross national income (GNI) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. GNI per capita is gross national income divided by mid-year population. GNI per capita in US dollars is converted using the World Bank Atlas method. unicef.org Gross national income (GNI) Definition Gross national income (GNI) is GDP less net taxes on production and imports, less compensation of employees and property income payable to the rest of the world plus the corresponding items receivable from the rest of the world (in other words, GDP less primary incomes payable to non-resident units plus primary incomes receivable from non-resident units). An alternative approach to measuring GNI at market prices is as the aggregate value of the balances of gross primary incomes for all sectors; (note that gross national income is identical to gross national product (GNP) as previously used in national account millenniumindicators.un.org Tim

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