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Why the hell is the US mint wasting more money on a coin that just pisses everybody off??? WTF is this country thinking?

HODGENVILLE, Ky. – The first of four new pennies chronicling Abraham Lincoln's rise from a small Kentucky cabin will be put into circulation Thursday to honor the 16th president's 200th birthday.

The coin's front is unchanged, but the reverse depicts a tiny log cabin, representing the one-room dwelling where Lincoln was born near Hodgenville, Kentucky.



http://news.yahoo.com/s/ap/20090212/ap_ ... hday_penny

Many have tried to get rid of the penny, but the Zinc lobby has too many friends.

I would welcome it's demise. It costs more to make than it is worth.

Some people love that crap!

I can't wait until my fancy new lincoln coin is 50 years old and is worth exactly ............ $.01

hank scorpio wrote:Some people love that crap!

I can't wait until my fancy new lincoln coin is 50 years old and is worth exactly ............ $.01

You cannot even buy penny candy anymore. Time to get rid of it.

grizzaholic wrote:

hank scorpio wrote:Some people love that crap!

I can't wait until my fancy new lincoln coin is 50 years old and is worth exactly ............ $.01

You cannot even buy penny candy anymore. Time to get rid of it.

Agreed, but the major problem would be sales taxes. people would go ape sh!t if 6% all of a sudden jumps to 10%.

hank scorpio wrote:

grizzaholic wrote:
You cannot even buy penny candy anymore. Time to get rid of it.

Agreed, but the major problem would be sales taxes. people would go ape sh!t if 6% all of a sudden jumps to 10%.

We don't have sales tax in MT, as you know, so fuck'em. Just make it round to the nearest nickel. It is a nickel people. 5 cents is not the determining factor in making you go broke. Trust me.

hank scorpio wrote:

grizzaholic wrote:
You cannot even buy penny candy anymore. Time to get rid of it.

Agreed, but the major problem would be sales taxes. people would go ape sh!t if 6% all of a sudden jumps to 10%.

The way around that is to have set rounding rules.

If the purchase price would end in 1, 2, 6 or 7 round down. 3,4 , 8 or 9 round up

grizzaholic wrote:

hank scorpio wrote:
Agreed, but the major problem would be sales taxes. people would go ape sh!t if 6% all of a sudden jumps to 10%.

We don't have sales tax in MT, as you know, so [*]f**k'em. Just make it round to the nearest nickel. It is a nickel people. 5 cents is not the determining factor in making you go broke. Trust me.

And with my rounding rules, the most extra you would pay is 2 cents, offset equally by times you save 2 cents

dbackjon wrote:

grizzaholic wrote:
We don't have sales tax in MT, as you know, so [*]f**k'em. Just make it round to the nearest nickel. It is a nickel people. 5 cents is not the determining factor in making you go broke. Trust me.

And with my rounding rules, the most extra you would pay is 2 cents, offset equally by times you save 2 cents

Perfect. Now, why am I sitting here talking to you when I could be fixing this economy and getting rid of the damn penny and those damn wolves. This argument would have made much more sense for Obama to use in his campaign.

Change we can believe in. Getting rid of the penny.

I also wish the US were penniless. I love the fact that McDonald's decided to forgoe the ridiculous .x9 pricing a couple years back. A breakfast samdwich is 1.80...great, give me back my two dimes and let's not make a big deal out of this. The retarded boy down the block was the only soul I ever knew that was real happy getting pennies and if it comes down to it I'll buy him a chunk of copper tubing to chew on.

dbackjon wrote:

grizzaholic wrote:
We don't have sales tax in MT, as you know, so [*]f**k'em. Just make it round to the nearest nickel. It is a nickel people. 5 cents is not the determining factor in making you go broke. Trust me.

And with my rounding rules, the most extra you would pay is 2 cents, offset equally by times you save 2 cents

Until places make it so all their prices are rounded up. Then they make .02 every sale. Times 1000 sales a day say, 200 bucks a day. Slowly robbing the comsumer.

wideright82 wrote:

dbackjon wrote:
And with my rounding rules, the most extra you would pay is 2 cents, offset equally by times you save 2 cents

Until places make it so all their prices are rounded up. Then they make .02 every sale. Times 1000 sales a day say, 200 bucks a day. Slowly robbing the comsumer.

Untill his competitor doesn't and then this chap has to rethink his robber baron ways. Besides I think dback is only referring to the sales tax angle.

Penny for your thoughts!

Wedgebuster wrote:Penny for your thoughts!

A penny saved is a real dumb ass way to save money.

Ursus A. Horribilis wrote:

wideright82 wrote:Until places make it so all their prices are rounded up. Then they make .02 every sale. Times 1000 sales a day say, 200 bucks a day. Slowly robbing the comsumer.

Until his competitor doesn't and then this chap has to rethink his robber baron ways. Besides I think dback is only referring to the sales tax angle.

Sales taxes are highly regulated. Merchants do not have the ability to manipulate sales taxes to achieve a competitive advantage. This applies to 99% of merchants. I get to circumvent that system.

I apply the law as it is written and undercut my competition all the time. My line of work is a bit different than almost every other merchant. I don't have POS sales but short term rentals, and post paid with credit and prepaid with cash.

Why not leave the sales tax in, but just have it so it hits an even number. No more of this $1.06 for a double cheese at 2 AM for my drunk ass from McDonalds because of the 7% sales take in Iowa. Make it cost 93 or 94 cents, then add the sales tax on that...thus equaling a dollar....you know....like the fucking menu promises.

clenz wrote:Why not leave the sales tax in, but just have it so it hits an even number. No more of this $1.06 for a double cheese at 2 AM for my drunk ass from McDonalds because of the 7% sales take in Iowa. Make it cost 93 or 94 cents, then add the sales tax on that...thus equaling a dollar....you know....like the f**k[*] menu promises.

McDonalds could do that already - just lower the price to cover it

grizzaholic wrote:Why the hell is the US mint wasting more money on a coin that just pisses everybody off??? WTF is this country thinking?

HODGENVILLE, Ky. – The first of four new pennies chronicling Abraham Lincoln's rise from a small Kentucky cabin will be put into circulation Thursday to honor the 16th president's 200th birthday.

The coin's front is unchanged, but the reverse depicts a tiny log cabin, representing the one-room dwelling where Lincoln was born near Hodgenville, Kentucky.



http://news.yahoo.com/s/ap/20090212/ap_ ... hday_penny

Spending money on this should CERTAINLY take priority over offering a tax credt for Homebuyers.....this is important.....

Appaholic wrote:

grizzaholic wrote:Why the hell is the US mint wasting more money on a coin that just pisses everybody off??? WTF is this country thinking?

HODGENVILLE, Ky. – The first of four new pennies chronicling Abraham Lincoln's rise from a small Kentucky cabin will be put into circulation Thursday to honor the 16th president's 200th birthday.

The coin's front is unchanged, but the reverse depicts a tiny log cabin, representing the one-room dwelling where Lincoln was born near Hodgenville, Kentucky.



http://news.yahoo.com/s/ap/20090212/ap_ ... hday_penny

Spending money on this should CERTAINLY take priority over offering a tax credt for Homebuyers.....this is important.....

Yup! SMFH against a concrete wall until either the wall falls down or I fall down.

How dare you question your government!




THE SHAME!




THE AUDACITY!




THE GALL!

MarkCCU wrote:How dare you question your government!




THE SHAME!




THE AUDACITY!




THE GALL!

We are not in China.

MarkCCU wrote:How dare you question your government!




THE SHAME!




THE AUDACITY (of Hope)!




THE GALL!

Sorry, I couldn't help myself Mark.

clenz wrote:Why not leave the sales tax in, but just have it so it hits an even number. No more of this $1.06 for a double cheese at 2 AM for my drunk ass from McDonalds because of the 7% sales take in Iowa. Make it cost 93 or 94 cents, then add the sales tax on that...thus equaling a dollar....you know....like the f**k[*] menu promises.

They do that in England, pre-figure the sales tax in and round it.