Traditionally, municipalities depend upon property taxes to constitute the largest source of local governments' own revenue. Charges, sales and gross-receipt taxes, individual income taxes and other revenues make up the remaining local general revenues.
Selling Municipal Securities via the Internet
Traditionally, municipalities depend upon property taxes to constitute the largest source of local governments' own revenue. Charges, sales and gross-receipt taxes, individual income taxes and other revenues make up the remaining local general revenues.Normally, municipal bonds can be purchased through an investment broker. However, municipalities may lawfully sell municipal bonds directly to the public via the Internet and potentially save money.
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