How is the free excercise clause of the first amendment best described

The Free exercise clause of the first amendment best described as it prevents the government from creating a nationally recognized religion.

Explanation:  

According to the first clause of the constitution of the United States of America, in the constitution, the free exercise clauses allow an individual to practice his/ her religion without any restriction.

It also means that the state or the government shall not frame laws which aim at prohibiting the act of practising one’s religion. However this clause have been subjected to multiple interpretations. For example, even if some religions needed sacrifice, the state does not permit it.

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 south did not want the federal laws to overrule the state laws.