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A: Municipal bonds are issued by the states, cities, counties, and towns to fund and create big projects on
the streets of the U.S. This bond is from the federal taxation and from the state and other local taxes.
This is a type of bond or debt obligation issued by others so it isnt just in  your hands other cites and 
states are involved.This bond helps you finance the needs or or the special projects out there. They are 
free of taxes. This bond may also be free of the state and other local tax if it issued in the investors
state of its residence.

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