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.
SE Tax Basics. The purpose of the SE tax is to collect Social Security and Medicare taxes from self-employed folks. Now, if youâre an employee, the first $113,700 of your wages (for 2013) is hit with the Social Security tax at a rate of 12.4%. All wages up to infinity are hit with the Medicare tax at a rate of 2.9%.An unmarried individualâs wages above $200,000 get hit with the new 0.9% additional Medicare tax. If youâre a married joint filer, the new 0.9% Medicare tax hits the combined wages of you and your spouse in excess of $250,000.ll wages up to infinity are hit with the Medicare tax at a rate of 2.9%. An unmarried individualâs wages above $200,000 get hit with the new 0.9% additional Medicare tax. If youâre a married joint filer, the new 0.9% Medicare tax hits the combined wages of you and your spouse in excess of $250,000.