Question

Which of these results in a lower net income?

fixed spending
budgets
withholdings
discretionary spending

Answer 1

Hello there,

Which of these results in a lower net income?

withholdings

Answer 2

I think the correct answer from the choices listed above is the third option. It is the withholdings that result in a lower net income. A withholding tax, also called a retention tax, is a government requirement for the payer of an item of income to withhold or deduct tax from the payment, and pay that tax to the government.