Uring ww2 the germans established slave labor camps that were strikingly similar to plantations in the middle southern u. s. the germans imprisoned jews, poles, russia's, political dissidents and other people, fed them very little, and compelled them to work hard - all without pay. in the nuremberg war crimes trials the u. s. accused some of the managers of those camps with against humanity. this occured just 80 years after the slaves on the last southern plantation were set free. how dose this make sense to you?

the answer is: must pay taxes on profits

since it is considered as a part of your income, profits from investments is eligible for tax payment.

the tax from your investment could be influenced by how long you decided to sell it. united states promotes keeping your investment for long term period. so, the tax rate for investments that you sell in less than one year is typically higher compared to investments that you sell in more than one year period.

the tariff was created to protect industry in the northern part of the united states. industries in the north were being driven out of business by imported goods that were priced at a low rate. the goal was to protect these industries   by taxing the goods.