| http://www.w3.org/ns/prov#value | - OTOH, it allows state and local government entities, including school districts, to pay lower bond rates and still attract buyers. (Without the income-offset, they would have to pay higher rates and compete head-to-head with commercial paper.) Combined with the very limited history of default on muni/state bonds, the tax-free element probably helps make them attractive to pension funds, insurance
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