Why did Pope John Paul say the Church’s treatment of Galileo was wrong?

Pope John Paul admitted that the Church's treatment of Galileo's was wrong. He said the church used the knowledge it had at the time and misinterpreted it had transformed a scientific issue into an issue of faith.

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.