Do you think we should get rid of Pennies? POLL.

[Jhill]

I think they are more hassle than they are worth. I think we should round everything to 5 cents.

 

[Viper GTS]

Not until you learn the correct plural of the word "penny."

Viper GTS

 

[huesmann]

You can then bet that merchants will round everything UP and you will be paying more for everything.

 

[Rob9874]

I misread a post a second ago as "Cents: are they worth it" and thought it was this topic. It turned out to say Certs. Is that where you got the idea for this post?

 

[conjur]

I like JC Penneys. That's where I usually get my jeans.

Why get rid of them?

 

[Chaotic42]

No, that would be stupid.

 

[Jhill]

Originally posted by: Rob9874
I misread a post a second ago as "Cents: are they worth it" and thought it was this topic. It turned out to say Certs. Is that where you got the idea for this post?

BINGO! It was something I was going to post in the past and forgot about it. Then I saw that thread and it reminded me of it.

 

[Nitemare]

I don't want to have waste a nickel telling someone to turn the cell phone off at the movie theater

 

[TMPadmin]

Not get rid of pennies but get rid of the dollar bill. Should goto $2 and have the $1 be a coin.

 

[huesmann]

Never work. Gotta keep the old GW around.

 

[edro]

How would you calculate tax? Exactly... You must have pennies...

 

[hoyaguru]

I lived in Australia in 1991-92, and they stopped using pennies during that time. Made more sense over there, they use a lot more coins than we do, so it made a difference. Here, I think the rounding up and rounding down would be too confusing for the dolts that are coming out of our public education, can you imagine how much more time you'd have to wait for your Big Mac while some bumblef**k tried to figure out how much change to give you?

 

[KenGr]

Originally posted by: edro13
How would you calculate tax? Exactly... You must have pennies...

No, you don't need the pennies. You just round the total up or down after you calculate it. US military installations overseas don't use pennies but price things the same as the US (i.e $1.98). The total is just rounded to the nearest nickel. Tax isn't affected because merchants don't actually pay the tax they collect, they pay the tax rate on total sales. If they wanted to, merchants could price everything tax included.

I live in Korea right now and many commodities (like gasoline) are priced in 1 won increments but the smallest coin in use is 10 won. Doesn't cause a problem.

 

[FoBoT]

yes, down with the penny!!!!

make the nickel low man on the totem pole

 

[sillymofo]

The United States Postal Services have already been doing it. Good luck trying to get a penny from them.

 

[Tom]

i say get rid of the nickel ! I'll take 5 penneys over a nickel any day.

 

[ElFenix]

how else would you penny lock someone in a room?

 

[waylman]

Originally posted by: Jhill
I think they are more hassle than they are worth. I think we should round everything to 5 cents.

hell, just round everything to the nearest quarter. get rid of pennies, nickels & dimes!

 

[Yossarian]

I am in favor of getting rid of all coin and paper currency.

 

[Wingznut]

Originally posted by: KenGr
I live in Korea right now and many commodities (like gasoline) are priced in 1 won increments but the smallest coin in use is 10 won. Doesn't cause a problem.

Gas in the States is priced by the tenth of a cent, and it works just fine.

We could easily get rid of pennies. Just round all prices and percentages to the nearest nickel.

 

[Koing]

Originally posted by: Jhill
I think they are more hassle than they are worth. I think we should round everything to 5 cents.

IF you do not want it give it to me.

Then if you all give it to me I'll be very very well off ££££££££££££££££££££££££££££££££££££££££
££££££££££££££££££££££££££££££££££££££££
££££££££££££££££££££££££££££££££££££££££
££££££££££££££££££££££££££££££££££££££££

I think someone scammed 1p from every account from a bank in England once. No one took noticed and it made a guy very rich until he got caught. I read 'something like' this. Not too sure about it at all though........

Koing

 

[Ryan]

Originally posted by: KenGr

Originally posted by: edro13 How would you calculate tax? Exactly... You must have pennies...

No, you don't need the pennies. You just round the total up or down after you calculate it. US military installations overseas don't use pennies but price things the same as the US (i.e $1.98). The total is just rounded to the nearest nickel. Tax isn't affected because merchants don't actually pay the tax they collect, they pay the tax rate on total sales. If they wanted to, merchants could price everything tax included. I live in Korea right now and many commodities (like gasoline) are priced in 1 won increments but the smallest coin in use is 10 won. Doesn't cause a problem.

I wouldn't say every installetion overseas doesn't use pennies - when I lived in Panama we used them ALL of the time.

 

[Ryan]

Originally posted by: KenGr

Originally posted by: edro13 How would you calculate tax? Exactly... You must have pennies...

No, you don't need the pennies. You just round the total up or down after you calculate it. US military installations overseas don't use pennies but price things the same as the US (i.e $1.98). The total is just rounded to the nearest nickel. Tax isn't affected because merchants don't actually pay the tax they collect, they pay the tax rate on total sales. If they wanted to, merchants could price everything tax included. I live in Korea right now and many commodities (like gasoline) are priced in 1 won increments but the smallest coin in use is 10 won. Doesn't cause a problem.

I wouldn't say every installetion overseas doesn't use pennies - when I lived in Panama we used them ALL of the time.

 

[Ryan]

Originally posted by: KenGr

Originally posted by: edro13 How would you calculate tax? Exactly... You must have pennies...

No, you don't need the pennies. You just round the total up or down after you calculate it. US military installations overseas don't use pennies but price things the same as the US (i.e $1.98). The total is just rounded to the nearest nickel. Tax isn't affected because merchants don't actually pay the tax they collect, they pay the tax rate on total sales. If they wanted to, merchants could price everything tax included. I live in Korea right now and many commodities (like gasoline) are priced in 1 won increments but the smallest coin in use is 10 won. Doesn't cause a problem.

I wouldn't say every installetion overseas doesn't use pennies - when I lived in Panama we used them ALL of the time.

 

[gistech1978]

there was some congressman that introduced a bill to do this very thing.
it was a few years ago, but i remember hearing about it.
it obviously didnt go anywhere.