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Abolish the penny, use a uniform rounding rule to make the nickel the smallest denomination. I hate pennies.
by z0r 16y ago
Abolish the penny, use a uniform rounding rule to make the nickel the smallest denomination. I hate pennies.
- matrix 16y agoI strongly agree. This is the correct answer to the problem. That and adding sales tax to the tagged price (i.e. don't add sales tax at the time of the transaction).
- Splines 16y agoThe problem with adding sales tax to the price tag is that sales tax isn't uniform across the U.S., and residents from one state can buy something and have a different sales tax applied (I see this happen frequently with Oregon -> Washington travelers). I suppose the first step would be to unify sales (or whatever) tax across the country.
- ultrasaurus 16y agoIn Ontario specifically the tax can depend on the total purchase: fast food purchases under $4 (total) are taxed less than those over $4, so we have a lot of $3.99 value meals. If you buy two, it's 13%, if you buy one it's 5%.
- billpg 16y agoWhat if you buy one, and then another seconds later? (Just curious)
- stan_rogers 16y agoPerfectly legal (although you're likely to draw intense ire from people behind you if you try it in a lunchtime lineup, since you don't actually have to leave the counter in order to create a separate transaction). Oh, and it won't work in a drive-through (not because there's anything wrong with it as such, but that ungrouping the orders makes fulfillment a pain in the butt, so restaurants usually won't do it as a matter of local policy.
- Symmetry 16y agoAlso, sometimes the sales tax might or might not be applied depending on the status of the purchaser. When I was a in college the campus stores would always have to ask us if were students, since only non-students paid state sales tax.
- decadentcactus 16y agoRead somewhere that $1 notes account for almost 50% of paper money in the US. To me it also makes sense to get rid of them (replace them with $1 coins).
- astine 16y agoThey keep trying that, but no one uses them.
- billpg 16y agoPeople will if they stop printing 1 dollar notes.
- ars 16y agoI won't want to - I'll carry bills, but I won't carry coins.
- hugh3 16y agoExactly. In every other country where coins have replaced notes, they've just said "OK, on such-and-such a date we're replacing the note with the coin, everybody come in and swap your notes for coins!" and a few months later you don't see the notes any more. I don't know why the US Mint has got the idea that they need to keep printing 'em both. Of course there are two other factors that don't help: a) Previous dollar coin designs have been ugly and filled with misguided feminism (I still don't know and don't care who Susan B Anthony was, and I only know Sacagawea from The Simpsons), and b) Previous dollar coin designs have been damn near indistinguishable from quarters by feel. Make 'em bigger or thicker or give 'em flattened edges or a hole in the middle or something! Preferably all of the above so you can look at it and say "Wow, that sure looks like a dollar's worth!"
- protomyth 16y agoput a hole in them also - makes for a nicer way to carry them.
- 16y ago
- pavel_lishin 16y agoAnd in twenty years, abolish the nickel, use a uniform rounding rule to make the dime the smallest denomination. You'll hate nickels.