What is the National Debt? The term national debt refers to direct liabilities of the United States Government. There are several different concepts of debt that are at various times used to refer to the national debt: Public debt is defined as public debt securities issued by the U.S. Treasury.
Best Answer: People become very confused on this subject. Yes Native Americans pay taxes. It is as simple as that really. We pay federal, state, and income taxes. This is for Natives that are enrolled or not enrolled in their tribe.It comes out of our paychecks like everyone else.o the Native American-Indians pay any taxes (federal, property...)? Any link with some info about the American Indian tax rules would be very helpful.
Gift tax is not an issue for most people. The person who makes the gift files the gift tax return, if necessary, and pays any tax. If someone gives you more than the annual gift tax exclusion amount ($14,000 in 2017), the giver must file a gift tax return. That still doesnât mean they owe gift tax. For example, say someone gives you $20,000 in one year, and you and the giver are both single. The giver must file a gift tax return, showing an excess gift of $6,000 ($20,000 â $14,000 exclusion = $6,000). Each year, the amount a person gives other people over the annual exclusion accumulates until it reaches the lifetime gift tax exclusion.