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Adios Penny … you were worth something once

Posted by ipso facto @ 16:12 on August 27, 2015  

The Death of the Penny – US Mint to Cease Penny Production in 2015

Bastards

“How will stores handle transactions without pennies? We are moving toward a cashless society and most transactions are handled electronically with credit cards and ATM cards, or with a check. So eliminating the penny won’t actually affect most people. For people who insist on paying cash, the US Mint recommends that stores round up or down to the nearest nickel. Note: As a side effect, expect state and local sales taxes to increase to round up to the nearest nickel as well to make accounting easier for stores and cashiers.”

http://cashmoneylife.com/us-mint-cease-penny-production/

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.