Who stood to gain from the tariff of abominations, and who expected to lose by it?

The Tariff of Abominations was a tariff imposed in 1828 that was designed to protect the American Industry. Because of that Northern manufacturer were to gain with the tariff because it made their goods competitive with imported goods that would become more expensive than those they made.

But Southern plantations would lose with the tariff because it raised the price of goods they could only import, they also feared that the tariff represented an unwelcome expansion of federal power into the states.

i would say your answer would be the second option.

hope this !

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.