Look again at the words of Texas politician Louis Wigfall, who said, “We want no manufactures.” Add a second paragraph to this quotation that explains why, in words you imagine Wigfall might use, he opposes industry for the South.

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 main reason that the constitution did not proclaim all men to be free and equal is because of the issue of slavery.