What is the amount of money a person has left of his or her income after taxes called

Disposable Personal Income

Explanation:

the amount of money a person has left of his or her income after taxes is called disposable personal income

That amount of money is that person's net income, or net profit. It is, in other words, the residual amount of earnings after all deductions have been taken from his or her gross pay. On the contrary, the amount of money (or of earnings or income) that a person has before taxes and other deductions are taken is called gross income, or gross profit.