2. What did the Second Continental Congress write to declare the colonies' freedom from Great Britain?

The Second Continental Congress issued a response to the Proclamation of Rebellion on December 6, 1775, saying that despite their unwavering loyalty to the Crown, the British Parliament did not have a legitimate claim to authority over the colonies while they did not have democratic representation.

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.