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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.

the national congress's powers over the states were specific and definite: it had the sole power to negotiate treaties, declare war, and make peace. all powers not granted to congress were reserved for state governments. congress had no power to levy taxes, for example.