Houshphandzadeh wrote:whatever happened to phasing out pennies
I guess since the legislation always dies people have given up on the idea for the time being. Canada just got rid of theirs, but they're Socialist anyway. People just like the little guys, I guess, and feel they'll get ripped off by rounding (yes, I know this makes no sense).
Snopes makes the good point though that while a one cent coin costs more than a penny to make it can be used over and over again, so it's really not that big a deal. Made me realize I should cash my stash in at the bank though in order to get the US of A back on sound financial footing.