The reason that a worker's net pay will differ from his or her gross pay is due to ________ taxes that are withheld from periodic earnings.

Question

Quizplus · Accepted Answer

Payroll taxes, such as Social Security and Medicare taxes, are typically withheld from an employee's gross pay, resulting in a lower net pay. Excise, progressive, inheritance, and marginal taxes are not typically withheld from an employee's earnings.

The Reason That a Worker's Net Pay Will Differ from His