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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).
What else can I help you with?
How do I pay a debt collector?
To pay a debt collector, you can contact them directly and arrange a payment plan or make a one-time payment. Make sure to get a receipt or confirmation of payment for your records.
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 is the best way to pay debt collectors?
The best way to pay debt collectors is to communicate with them directly, negotiate a payment plan that you can afford, and make payments on time to settle the debt.
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.
How do I pay a debt collector?
To pay a debt collector, you can contact them directly and arrange a payment plan or make a one-time payment. Make sure to get a receipt or confirmation of payment for your records.
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.
Does the refusal of a tender of payment discharge a debt?
No, refusing a tender of payment does not discharge a debt.
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.
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
Can you make a payment plan with a debt collection agency for a medical bill in NY?
Yes, you can negotiate a payment plan with a debt collection agency for a medical bill in NY. Contact the agency to discuss your financial situation and propose a payment arrangement that works for you. Make sure to get the agreement in writing and stick to the payment plan to avoid any further collection actions.
