Select the correct answer. which document is referred to as the “supreme law of the land”? a. us constitution b. bill of rights c. declaration of independence d. first amendment

The correct answer is:

A. US Constitution

The United States Constitution is The Supreme Law of the United States. It is basically an employment contract between American citizens and The Government, which wisely separated and balanced governmental powers to safeguard the interests of majority rule and minority rights, of liberty and equality, and of the federal and state governments

The Supremacy Clause in the Constitution reads:

“This Constitution, and the Laws of the United States which shall be made in Pursuance thereof; and all Treaties made, or which shall be made, under the Authority of the United States, shall be the supreme Law of the Land; and the Judges in every State shall be bound thereby, any Thing in the Constitution or Laws of any State to the Contrary notwithstanding.”

10 states did

~courtney

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.