Abolition of the Penny Act [At Final Vote] (user search)
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  Abolition of the Penny Act [At Final Vote] (search mode)
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Author Topic: Abolition of the Penny Act [At Final Vote]  (Read 5422 times)
Meeker
meekermariner
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« on: March 14, 2008, 04:03:11 AM »
I know this sounds kind of ridiculous at first, but you would be shocked at how much the penny brings in for charities. I've also read a study that says that the up/down rounding could potentially cost $600 million to consumers. I may change my mind, but for now I'm inclined to oppose this.
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Meeker
meekermariner
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« Reply #1 on: March 14, 2008, 08:07:46 PM »
If there's fewer coins in circulation, there's fewer coins that people don't care about and give to charities. It's not like there are all of a sudden going to be a lot more nickels in circulation.

The reduced minting costs is a valid point.
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Meeker
meekermariner
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« Reply #2 on: March 30, 2008, 03:08:20 PM »
Nay
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