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In the US, even state and local governments can sell securities. Unlike federal bonds, these bonds have a higher rate of interest and the reason for this is always these governments can go bankrupt. However, a federal government cannot go bankrupt. Bonds sold by state and local governments are free from taxes. RATS! Company filings information Their end, I've just argued myself towards realization that despite the actual load of your whole body and our debts, there's no reason to riot. Pitiful. Then we t
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