Automobiles were luxury items owned by a few until what

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.

b. major john c. frémont led a rebellion called the bear flag revolt.

explanation:

during the bear flag revolt, from june to july 1846, a small group of american settlers in california rebelled against the mexican government and proclaimed california an independent republic. the republic was short-lived because soon after the bear flag was raised, the u.s. military began occupying california, which went on to join the union in 1850. the bear flag became the official state flag in 1911.