Why did members of the Second Continental Congress send the Olive Branch Petition to King George III? A) They wanted the king to know they were ready to fight a war.
B) They hoped the king would replace Parliament.
C) They wanted to remain loyal to the king.
D) They hoped the king would believe that the colonies could win a war.

C. They wanted to remain loyal to the king is the correct answer.

Explanation:

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.

profound political, administrative, and social changes in the british isles.