Which were disadvantages of farming on the great plains in the late 1800s?
a. there were frequent crop failures due to lack of rain.
b. slow population growth after the civil war reduced demand for farm products.
c. wheat and corn could not be grown on the great plains.
d. the land was too expensive for most homesteaders to afford.

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.

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