Imagine that you are a colonist living in Edenton in the 1700s. Write a letter to a friend or family member to describe the circumstances surrounding the Edenton Tea Party. Explain what is taking place and why, and provide your point of view on the issue. Include relevant facts and details from the lesson in your response.

people can eat food during that time

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.