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<p>[QUOTE=&quot;satootoko, post: 158700, member: 669&quot;]One solution would be the return of tax tokens.&nbsp; In the early-middle 20th Century many states produced tax tokens in both metallic and paper forms, which merchants passed out, and accepted, as fractional cents to reduce the effect of rounding.&nbsp; As I recall, Ohio had the exhorbitant sales tax rate of 2% around the beginning of WW II, and we had little square yellow certificates which were valid <u>only</u> for paying sales tax and making change for sales tax payments.&nbsp; When we moved to California in &#039;43 I recall my great shock at discovering that prices were rounded to the nearest whole cent and there were to tax tokens in use. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie11" alt=":rolleyes:" unselectable="on" unselectable="on" /></p><p><br /></p><p>I&#039;m not really sure, but I think the practice ended when the feds decided that tax tokens were being used as a form of&nbsp; money, not authorized by Congress, and were therefore illegal.&nbsp; However, there&#039;s nothing in the Constitution to prevent Congress from either having the mint produce some form of tax token, or authorizing the states to do so.&nbsp; Of course that would defeat the object of getting rid of the smallest coin denominations. :whistle: </p><p><br /></p><p>In any event, the Troll&#039;s prediction can&#039;t possibly materialize for the simple reason that it is far too logical for any American&nbsp; legislative body to seriously consider, let alone adopt. .<img src="http://forums.collectors.com/i/expressions/nervous%20breakdown.gif" class="bbCodeImage wysiwygImage" alt="" unselectable="on" />&nbsp; It it were adopted, the greatest probability is that we would round to the nearest dime instead of the nearest cent or nickle.&nbsp; Oh well. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie4" alt=":mad:" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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