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So long, penny! Trump orders US to ditch 1-cent coin after decades of complaints (apnews.com)

submitted 2 weeks ago by [email protected] to c/[email protected]

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[–] [email protected] 3 points 2 weeks ago (1 children)

Re: #2 Half the time they would benefit and half the time they wouldn't. It would be a wash.

[–] [email protected] 2 points 2 weeks ago (1 children)

you're assuming businesses would be honest and fair about their changing prices. maybe some local stores will round down from 1.01 to 1.00 but I assume most major corporations will just round up to 1.05

[–] [email protected] 2 points 2 weeks ago

If they do anything as arbitrary as that then state's Attorneys General will be on them The moment a forensic accountant finds it.