AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 95 Topic 10 Discussion

AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 95 Topic 10 Discussion

CWM_LEVEL_2 Exam Topic 10 Question 95 Discussion:
Question #: 95
Topic #: 10

Section A (1 Mark)

A ____________________ tax system takes the same percentage of each person's income, regardless of whether the income is high, medium, or low.


A.

Regressive


B.

Proportional


C.

Progressive


D.

All of the above


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