Mar 31, 2012 3:24 PM GMT
Should the US do the same thing? Do you still use cash?
paulflexes saidI wish the US would get rid of pennies. It's fucking annoying waiting in a checkout line while some old bitch thumbs through her coin purse to get the exact change, one penny at a time.
sweetyork saidCan't believe that u guys aren't worried about inflamation. Soon the $10 bill may get obsolete.Inflamation?
paulflexes saidsweetyork saidCan't believe that u guys aren't worried about inflamation. Soon the $10 bill may get obsolete.Inflamation?
CuandoLloranLasPalomas saidI have all these pennies and other coins in a jar in the kitchen.
I dread taking them to the bank. I have to fight with my bank not to charge me a processing fee just to deposit the pennies and coins into my account as usable cash.
stark93 saidAustralia ditched the cent aka penny yeeeeeears ago; we're doing just fine. I was pretty horrified with the amount of pennies I got while I was in America, I ended up dumping them in all the Salvation Army tins...
AMoonHawk saidDefinitely a revenue generator. So for instance here the tax on a dollar comes out to approximately 7 cents, so now it would go up to 10 cents, or 10% of your earnings. And that is just for the purchase of items. Your income is taxed at about 10 to 15% for the average guy. So you are actually paying about 20 to 25% of taxes. If you make about 50K a year, then about $12,000+ a year will go to just taxes.
Jockular saidI often wondered if more vending machines (or any coin operated machine) actually accepted the penny then maybe it would make them more usable. Hmmm...but that may only be an American problem. Do vending machines in Canada take pennies?
Phoenyx saidholding onto outdated and obsolete things regardless of how much sense it makes to change? doesnt sound like america at all...
Webster666 saidThat makes no cents...