Plessy v. Ferguson was overturned in 1954 when the Supreme Court decided that racial segregation was unconstitutional.
segregation was necessary for "public peace and good order."
the "separate but equal" doctrine applied to education.
the government could not legislate equality.

The "Separate but equal" doctorine applied to education

Explanation:

The Separate but equal  doctorine applied to education

Explanation:

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b) a state law could be declared illegal if it contradicted the constitution.

explanation:

the conflict of this case originated when james w. mcculloch, a cashier of the baltimore branch of the second bank of the united states that the congress had chartered in 1816, refused to pay a tax imposed by the maryland state.

in the case, the state of maryland appealed that the establishment of a second bank was unconstitutional since the constitution didn't say anything about granting that power to congress. however, the case determined that even if such right wasn't specifically stated in the constitution, it was part of the "implied powers" of the government enunciated in article i, section 8.

the case also eliminated maryland's legislation to impose taxes to a national bank, asserting that even though the states retained the power of taxation, the constitution's laws are supreme and can not be controlled by the states, therefore, if a state law contradicts the constitution, it should be declared illegal.

explanation:

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.