Joker
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How much more would you pay if we didn't have the penny? All those taxes would round to the highest nickel instead of penny. So if something had a tax of .5 cents you would pay 4.5 cents instead. Over the course of the year you'd spend quite a bit more in sales taxes alone. |
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kittycats
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What am I going to get back in change then, when something costs .99 or $1.99, or $2.99? Those pennies add up.
Since we all seem to think they're pretty worthless, we tend to just leave them laying around. A good way to painlessly save up a little money. I just turned in $74.00 dollars worth! |
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opalescent_angel
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It is almost completely useless. We could save tons of money in minting and processing if we got rid of it! Not to mention, they are just irritating! |
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vicsikix
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It's the beginning of a million dollars! |
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chokma2001
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There are Roughly 2 million dollars worth of pennies laying on the ground in the USA, find one send it to me. |
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sweet&sexy
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so when something cost 1.49 you can give exact change |
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A.Marie
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nope...when you have kids give them a piggy bank and when you get home from work each day, empty your pockets and give them all your pennies, they add up eventually and then your not completely spoiling your kids by giving them money. Also, kids who are taught from a young age to keep a piggy bank and save money, make better financial decisions when they get older. |
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Arbitrage
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I wouldn't mind getting rid of it, but all businesses would round up so there's little movement to go and abolish it. It probably costs more to make one than the actual value. |
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jmartinez_51
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The penny helps inflation and economy stableize. If it wasn't for pennies, we would all be poor, since everything would be rounded off. and when that happens, then we all would be asking... What's the poinnt of the nickel? |
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Justin
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a penny is worth 1 american cent, it is worth 1.45 canadian cents, it is worth 6.78 mexican cents and -.34 of a euro.
it has lincoln on it, and he is cool.....It is also a nice color, do you know it is only made up of .02% of copper yet we call it the copper penny, the rest is a zinc composite....cool a ok now ive answered your stupid question give me the 10 points |
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ca_oss
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how else would I pay for something that cost 9 cents. I'm not giving them ten cents if I don't get my penny back. |
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someoneoutthere
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No way! They have PENNY SLOT MACHINES NOW! LOL! It is good for something! |
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smart_emma_hermione
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for tax |
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Pepo
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I think the point of the penny is to feel a little weight in your wallet when you don't have money. |
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scoobyrocks346@verizon.net
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to buy things |
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