Disposable income is total personal income minus current taxes on income . In national accounting , personal income minus personal current taxes equals disposable personal income or household disposable income. Subtracting personal outlays (which includes the major category of personal [or private] consumption expenditure ) yields personal (or, private) savings , hence the income left after paying away all the taxes is referred to as disposable income.
16-576: Raising Restaurants, LLC , doing business as Raising Cane's Chicken Fingers (commonly simply called Raising Cane's ) is an American fast casual chain specializing in chicken fingers founded in 1996 in Baton Rouge , Louisiana , by Todd Graves and Craig Silvey. The company is named after Graves's dog, a yellow Labrador . Other yellow Labradors have served as company mascots, as well as certified therapy animals . Founders Todd Graves and Craig Silvey were studying at different universities when they wrote
32-496: A plan for a chicken-finger restaurant which Silvey submitted in a business plan-writing course, receiving a C-minus grade. At the time, Graves worked at Guthrie's Chicken Fingers. The business plan was rejected numerous times by potential investors, so Graves and Silvey earned the needed money working various manual labor jobs. They obtained an SBA loan, which they used to open their first restaurant, located in Baton Rouge at
48-452: A certain standard of living . It is the amount of an individual's income available for spending after the essentials have been taken care of: Discretionary income = gross income – taxes – all compelled payments (bills) The term "disposable income" is often incorrectly used to denote discretionary income . For example, people commonly refer to disposable income as the amount of "play money" left to spend or save. The Consumer Leverage Ratio
64-508: A design that gives a nod towards the area's movie history. The chain first began expanding internationally in 2015, opening its first restaurant in Kuwait . The namesake mascot, a dog, is not seen on signage and merchandise, as dogs are not popular in Kuwait due to religious reasons. The restaurant expanded to Dubai in 2024. Fast casual A fast casual restaurant , found primarily in
80-580: A restaurant designed by Malone opened in Midvale, Utah . In June, themed cups were launched. In October, a Post Malone and Dallas Cowboys themed location opened in Dallas . In June 2024, Raising Cane's started a campaign based on their Iced Tea, featuring actor and rapper Ice T as the campaign's mascot. The campaign ended at the end of June. A new location opened in Encino, California on October 22, 2024, which included
96-406: Is the expression of the ratio of total household debt to disposable income. The system of national accounts defined the concept of disposable income for all institutional sectors of the economy. For corporations it is equal to profit retained , and for the government it is equal to taxes + income received from public corporation . The sum of disposable income across all institutional sectors
112-498: Is the fraction of a change in disposable income that is consumed. For example, if disposable income rises by $ 100, and $ 65 of that $ 100 is consumed, the MPC is 65%. Restated, the marginal propensity to save is 35%. For the purposes of calculating the amount of income subject to garnishments, United States' federal law defines disposable income as an individual's compensation (including salary, overtime, bonuses, commission, and paid leave) after
128-513: The United States and Canada , is a restaurant that does not offer full table service , but advertises higher quality food than fast-food restaurants , with fewer frozen or processed ingredients. It is an intermediate concept between fast food and casual dining . The concept originated in the United States in the early 1990s, but did not become mainstream until the end of the 2000s and
144-484: The July 1996 edition of Restaurant Hospitality. The company Technomic Information Services defined "fast-casual restaurants" as meeting the following criteria: Discretionary income Restated, consumption expenditure plus savings equals disposable income after accounting for transfers such as payments to children in school or elderly parents' living and care arrangements. The marginal propensity to consume (MPC)
160-532: The amount of the garnishment or levy. The definition of disposable income varies for the purpose of state and local garnishments and levies. Disposable income can be understood as: Discretionary income is disposable income (after-tax income), minus all payments that are necessary to meet current bills. It is total personal income after subtracting taxes and minimal survival expenses (such as food, medicine, rent or mortgage , utilities, insurance, transportation, property maintenance, child support, etc.) to maintain
176-417: The beginning of the 2010s. During the economic recession that began in 2007 , the category of fast casual dining saw increased sales to the 18–34-year-old demographic . Customers with limited discretionary spending for meals tend to choose fast casual for dining which they perceive as healthier. The founder and publisher of FastCasual.com, Paul Barron, is credited with coining the term "fast-casual" in
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#1732898740201192-429: The company was in no rush to do so on the full scale. In 2021, in response to a shortage of workers at the time, the company began dispatching hundreds of their corporate employees to work in its restaurants as cooks and cashiers, in addition to their existing duties regarding the hiring of new employees. The company planned to hire 10,000 new employees. The company's co-CEO said that the corporate employees are trained in
208-428: The deduction of health insurance premiums and any amounts required to be deducted by law. Amounts required to be deducted by law include federal, state, and local taxes, state unemployment and disability taxes, social security taxes, and other garnishments or levies, but does not include such deductions as voluntary retirement contributions and transportation deductions. Those deductions would be made only after calculating
224-514: The intersection of Highland Road and State Street near the LSU campus. Silvey sold his share of the partnership shortly after the second restaurant opened. In March 2020, many of Cane's locations switched from dine-in to pick-up and take-out service only because of the COVID-19 pandemic , while others closed temporarily. As of July 2020, certain locations had reopened their dining rooms, although Graves said
240-481: The kitchen and on the register under normal circumstances. In 2022, Raising Cane's sued a shopping center in Hobart, Indiana . After the restaurant chain had signed a long-term lease, it came to light that the shopping center had a non-compete agreement with McDonald's which prohibited other vendors selling deboned chicken products in the complex. In 2023, Raising Cane's started a campaign with Post Malone . In April 2023,
256-478: The late 1990s. Horatio Lonsdale-Hands, former Chairman and CEO of ZuZu Inc., is also credited with coining the term. ZuZu, a handmade Mexican food concept co-founded by Lonsdale-Hands and Espartaco Borga in 1989, filed a U.S. Federal trademark registration for the term "fast-casual" in November 1995, leading Michael DeLuca to call Lonsdale-Hands a "progressive pioneer in the burgeoning 'fast-casual' market segment" in
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