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If you want to help with the economy, don't consider the national debt your debt. While they might divide it by the amount of people and say each citizen would have to pay a certain amount, no one needs to, or in most cases, does pay pure capital for the national debt.
BUY STUFF! Maybe go to a restaurant. Sales tax is one factor. But then there is the business, which uses your money to pay the food manufacturers. That pays the food processing employees, and keeps them employed so they can pay taxes too. Your tip means the waiter or waitress has cash to go buy something, which is taxed. It keeps the business open, and paying income/property taxes. Those taxes feed the institutions that keep the government and the country running.
A variation of trickle-down economics. Sort of.
Actually, sales tax is state legislated not national. Property tax is a county (or parish) tax. Understand that the national debt is money owed by the federal government (such as bonds or treasury bills owned by people and institutions throughout the world).
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What is the loan and advances?
loan is a type of debt . To make a payment before it is due to the payee
Do debt consolidation companies arrest you for non payment?
No. They will contact you and ask you why you DID NOT make a payment to them. If you are on a very tight budget and can't make that payment, it is understandable for one month. If the second month, that you don't make a payment to them, then your account will be inactive and you will end up paying the creditors yourself.
National debt in 2003?
What was the national debt in 2003?
What are some pros and cons to debt consolidation?
"Some pros to debt consolidation is that it can help you get your debt under control, and you may only have to make one payment. The con's are that it will look bad on your credit."
What is the maximum percentage of a borrower's income that can be used to make the monthly mortgage payment called?
Debt to income ratio
Can collectors make you pay?
No. Debt collectors contracted by the owner of the debt to contact the debtor for payment. In most cases they will say anything and harass you into make a payment. Depending on how their payroll works- If you do make a payment, they get a comission on the payment you make.
Should a debt collector give you a receipt each time you make a payment?
Yes. Otherwise you have no proof that any payment has been made to the debt.
What was the solution of Jefferson's national debt?
Make a national bank
How do you stop collecting companies from calling your office?
Settle the debt or make a payment arrangement to settle the debt.
If you make a payment on a debt can they still file for a judgment?
Off course. A payment on...is not paying it off.The judgement is to asure you will.
Will disputing a old debt on your credit report restart the statute of limitations in NY?
No, only making a payment, promising to make a payment, or providing a letter of reaffirmation of the debt can reset the statue of limitations.
How long would it take to pay off a debt of 80 trillion dollars?
That would depend on several variables: -- The interest rate on the debt. -- How often you make a payment. -- The amount of each payment.
Can you make a payment plan with a debt collection agency for a medical bill in NY?
It is up to the debt collector. Some will, some won't.
What is the loan and advances?
loan is a type of debt . To make a payment before it is due to the payee
What was the national debt in 1791?
the national debt was something used to create national debt
What reforms did mexico make in the 1980s?
reduce its national debt
Do debt consolidation companies arrest you for non payment?
No. They will contact you and ask you why you DID NOT make a payment to them. If you are on a very tight budget and can't make that payment, it is understandable for one month. If the second month, that you don't make a payment to them, then your account will be inactive and you will end up paying the creditors yourself.
