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Author Topic: Should the United States eliminate the penny? [Locked]
-Foxy-  5 stars
Title: Moderator
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Brandun  4 stars
Posts: 1,834
Registered: 2002-1-23 10:11:50
no because everything would get rounded up,. screwing the US taxpayer more than they already are

 

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pkhere  4 stars
Title: Yes, they are real
Posts: 2,683
Registered: 2003-9-4 16:38:32
no

 

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Brandun  4 stars
Posts: 1,834
Registered: 2002-1-23 10:11:50
though it does cost the average business man more than its worth to count, so I see your point

 

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levgre  3 stars
Posts: 606
Registered: 2001-10-24 07:24:49
Here's an related article, he says we wouldn't lose money from rounding but that's just one professor

http://www.cnn.com/2012/02/17/opinion/whalpes-pennies-economics/index.html

 

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ikkoikki  4 stars
Posts: 1,964
Registered: 2009-2-8 10:34:47
Hell yes, I toss out every penny I see. There's a ton in my car that other people put there and they vibrate obnoxiously when I have my music playing.

F'in pennies, useless.

 

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silvadel2  2 stars
Posts: 378
Registered: 2009-7-13 09:37:29
Yes -- only government would round up...

The local walmart would have to take something from 19.99 to 19.95 -- no way are they going to say 20.00.

 

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mightbe  3 stars
Title: lalalalalalalalalalalalalalalalalalalalalalalalala
Posts: 864
Registered: 2003-7-21 12:49:15
absolutly not.

if everything would be rounded up, that would be less money in my pocket.

think about it this way, if you on average make more then 1000 transactions a year and would have lost 3 cents on average, that is three dollars i think

 

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Poit-Narf  1 star
Title: Cleric of Juan
Posts: 186
Registered: 2004-7-11 11:45:47
No, businesses would just round everything up. Besides, I barely use cash.

 

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mightbe  3 stars
Title: lalalalalalalalalalalalalalalalalalalalalalalalala
Posts: 864
Registered: 2003-7-21 12:49:15
im the type of person that goes to the cashier, first pulls out my change, counting the pennies first, then i move to my dollars

 

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