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Message:: [QUOTE="Conder101, post: 7601466, member: 66"]There would be no reason or need to "round up" a sales tax rate just because there are no one cent pieces.  The only thing that keeps that from happening today are your local politicians and their concern as to whether they could still get re-elected if they did it.  It has nothing to do withthe availablitiy of cents. As mentioned earlier those were done away with back in 1945, and since 1969 banks have been under orders that if any do happen to come in they are to NOT be paid back out but sent to the Fed for destruction. It is kind of a chicken or the egg situation.  As long as you have cents available it discourages rounding.  If you have rounding then you don't need cents.  But you have to get rid of the cents before the rounding starts happening.  So you have to get rid of the cents so you can get the rounding so that you don't need the cents.  As long as you make them, you will need them.  So they will continue to be a one way production of billions from the mint, through commerce, to the hoards, and next year we have to make billions more to replace those that disappear into the hoards.[/QUOTE]