In what way does the gaspee incident illustrate the overall turning point of 1763?

A shift toward more militant tactics by colonial protestors. A British revenue schooner, the Gaspee, ran aground in shallow waters near Warwick, Rhode Island. Local men boarded the ship, looted its contents, and finally torched it. The event amplified hostilities between the American colonists and British officials, subsequent to the Boston Massacre in 1770. The British had wanted to decrease tensions with the colonies by cancelling some aspects of the Townshend Acts and working to end the American boycott of British goods. British officials in Rhode Island desired to increase their control over the trade that had clear the small colony. But Colonists progressively began to dispute the Stamp Act, Townshend Acts, and other British burdens that had clashed with the colony’s history of rum engineering, maritime profession, and slave trading.

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.

first representative government in british america called virginia assembly