sounds good but saving the federal government $56 million is only 0.0008% of the $6.73 trillion budget
Bowled_Eggs on
I think there’s too many people there.
badams334247 on
How is this going to save tax payers money when they are going to have to round up all cash payments?
Popular_Ad8269 on
“God bless America” really is the sentence you use when you have nothing interesting to say in the US, huh?
Sassy_comments on
Thats it worker guy. You’re fired!
Ultima_STREAMS on
“It takes nearly 4 cents to make a penny. According to recent reports, the cost for the U.S. Mint to produce and distribute a penny is approximately $0.0369, which is close to 4 cents. This cost includes the materials and production expenses involved in minting the coin.” Well, no wonder why we’re always in debt 🤣
Poraali_15 on
This is definitely diabolical
FriendRaven1 on
Canada hasn’t used the penny in a decade. You won’t miss it.
dvdher on
So how many more people lost their jobs here?
CaptainColdSteele on
I wonder how much it’ll retail for on the open market
Klotzster on
So what do I use as fuses now?
Ayaya_v1 on
Alright, time to start collecting
Impressive_Guess_282 on
Funny thing is, that last penny is probably worth A LOT of money. Tens, if not hundreds of thousands of dollars.
LifeAsClownShoes on
What most people don’t understand that with rounding up or down to the nearest nickel, it’s reported that the government will have to produce approx. 2x the annual output of nickles next year. Not good when the cost to produce and distribute a nickel is 0.14 cents each.
So much winning.
smurficus103 on
Suddenly, pennies are collectable
mister_nimbus on
I guess we gotta have “take a nickel leave a nickel” now?
highsideofgood on
The penny didn’t go out with a bang, it went out with a golf clap.
Whit3boy316 on
Make prices even. No more of this 3.99 shit
Ownuyasha on
Good job trumpf increased inflation and devalued the dollar so much he permanently f’ed the economy like an underage girl
InsomniaticWanderer on
Nickel for your thoughts?
LocalInactivist on
NOW what am I going to drop off the Empire State Building?
SouPNaZi666 on
LOOK EVERYONE THE AMERICANS DID SOMETHING LAST! yay. one day they will learn metric.
CaptPotter47 on
The last penny until the next president is in office and he order a resumption of the production.
dwamny on
The United States of America has never minted a single penny.
Sniffy4 on
This probably should’ve been done 10 years ago.
Daddydeebs on
It will be auctioned off to DT’s bank account
AutoModerrator-69 on
How am I supposed to give me 2 cents now?
I’ll need to give them to 5 people at the same time /s
Ipsylos2 on
Now how are redditors going to put in their 2 cents when no one asked them?
bollocksgrenade on
Imagine if the administration stopped devaluing the dollar to give billionaires tax cuts. Then pennies might actually be worth something, and we wouldn’t risk going the way of Zimbabwe
37 Comments
sounds good but saving the federal government $56 million is only 0.0008% of the $6.73 trillion budget
I think there’s too many people there.
How is this going to save tax payers money when they are going to have to round up all cash payments?
“God bless America” really is the sentence you use when you have nothing interesting to say in the US, huh?
Thats it worker guy. You’re fired!
“It takes nearly 4 cents to make a penny. According to recent reports, the cost for the U.S. Mint to produce and distribute a penny is approximately $0.0369, which is close to 4 cents. This cost includes the materials and production expenses involved in minting the coin.” Well, no wonder why we’re always in debt 🤣
This is definitely diabolical
Canada hasn’t used the penny in a decade. You won’t miss it.
So how many more people lost their jobs here?
I wonder how much it’ll retail for on the open market
So what do I use as fuses now?
Alright, time to start collecting
Funny thing is, that last penny is probably worth A LOT of money. Tens, if not hundreds of thousands of dollars.
What most people don’t understand that with rounding up or down to the nearest nickel, it’s reported that the government will have to produce approx. 2x the annual output of nickles next year. Not good when the cost to produce and distribute a nickel is 0.14 cents each.
So much winning.
Suddenly, pennies are collectable
I guess we gotta have “take a nickel leave a nickel” now?
The penny didn’t go out with a bang, it went out with a golf clap.
Make prices even. No more of this 3.99 shit
Good job trumpf increased inflation and devalued the dollar so much he permanently f’ed the economy like an underage girl
Nickel for your thoughts?
NOW what am I going to drop off the Empire State Building?
LOOK EVERYONE THE AMERICANS DID SOMETHING LAST! yay. one day they will learn metric.
The last penny until the next president is in office and he order a resumption of the production.
The United States of America has never minted a single penny.
This probably should’ve been done 10 years ago.
It will be auctioned off to DT’s bank account
How am I supposed to give me 2 cents now?
I’ll need to give them to 5 people at the same time /s
Now how are redditors going to put in their 2 cents when no one asked them?
Imagine if the administration stopped devaluing the dollar to give billionaires tax cuts. Then pennies might actually be worth something, and we wouldn’t risk going the way of Zimbabwe
https://preview.redd.it/b10yluglly0g1.png?width=1090&format=png&auto=webp&s=8e36d7252011784781e74016c0f2cf735bbfa464
Get ready for every price to be adjusted so that with tax the bill ends in a .00 or .05.
“You’re late dudes!” – Canada
Now what the heck am I going to put into the penny-smasher machines at all the tourist traps?
Will “Penny for your thoughts” have a new meaning?
Clapping at the concept of pricing rounding up to 5s like a fucking tv volume setting
Next administration will start making pennies again because of a shortage and the cost of making the other coins will cost too much.
!remindme in 2 years to compare the treasury’s budget to see if it is $56m smaller
Killing Lincoln a second time damn all they need is the 5$ bill now