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.
My husband and I set up a family trust 3 years ago and the trust purchased our PPOR. We have used 1 tax agent to complete and submit our tax returns for the last 3 years and this agent has claimed the loss in the trust against my husband's income which has resulted in a very healthy tax return. trade through a family trust and had a $26,000 loss last year and I would love to have that loss offset my tax income for myself but I cannot.