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raise revenue by selling individual bonds for specific purposes. These bonds would be similar to the old victory bonds sold to finance World War 2. A person would buy the bond at a discount and redeem the bond at maturity at face value.If my memory serves me correctly, a bond could be purchased at $18.70 and redeemed at $25 in 10 years. Similarly a bond to support a specific purpose such as funding for maintaining ...more »
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