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In the US, even state and native governments are permitted to sell bonds. Unlike federal bonds, these bonds have a higher rate of interest and the actual cause of this is always these governments can go bankrupt. However, a federal government cannot go under. Bonds sold by state and local governments are free of charge from tax.

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Workable? I'm not sure. I studied some economics in university and am an early stockbroker, but this stuff is still above My Site pay elementary. I think ideas like this, though, are worth considering. This kind of idea seems better if you than merely stealing money from wealthy with higher taxes. Afford the money towards the people, not the governing. Plus, it's not a offer. The workers buy their stocks and shares.

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