Sadie Mitchell
Resumo da Biografia |
The U.S. federal government releases its own bonds from the treasury and from numerous government agencies. Those growing in less than one year are called T-bills. Bonds that develop in one to ten years are T-notes, and those that take more than 10 years to grow are treasury bonds. In some cases, you don't need to pay state or local income taxes on the interest they earn. Munis finance things like hospitals, schools, power plants, streets, office complex, airports, bridges and so on. Towns normally provide bonds when they need more money than they collect through taxes. The good thing about community bonds is that you do not need to pay federal income taxes on the interest they make. While business bonds are a higher threat than federal government bonds, they can make a lot more money. There's also a much bigger choice of corporate bonds. The disadvantage is that you do need to pay federal earnings tax on the interest they make. |