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<p>[QUOTE=&quot;Michael K, post: 2832500, member: 78298&quot;]Not to go off topic but to address post # 6.</p><p>Most people don&#039;t use cash anymore anyway. If you are using a debit or credit card the amount will stay the same. Rounding up or down to the nearest&nbsp; .05 or .10</p><p>can&#039;t cost you more than .02 cents in any one transaction, and there are times when you are going to benefit by 1 or 2 cents. By the end of the year you are not going to be plus or minus more or less than a quarter. And that is after hundreds of transactions. You can always put everything on a debit or credit card.</p><p>The costs involved in minting, distributing etc. all these billions of cents are greater than any asset that can come out of it. It&#039;s a pointless denomination.</p><p>How much money is paid in salaries? Machine maintenance and tooling? Creation of dies? Creation of new designs? Cost of metal? Cost of shipping? Utilities? The cent has outlived it&#039;s usefulness.</p><p>Where, if all of this energy, work, and time were spent minting coins for other countries, there would be a profit involved on our side of the ledger.</p><p>People have debated this point, but almost&nbsp; half a TRILLON cents have been produced since 1959. Enough to last for a long time before rounding is nec. without minting any new ones.</p><p>As for the cheating tax algorithm, a good audit will take care of that.[/QUOTE]</p><p><br /></p>

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