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Why does the 'US MINT' need to make a profit?
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<p>[QUOTE="Tom B, post: 1860858, member: 11854"]If the US Mint were funded strictly from the Federal government then it would be funded through tax dollars or by increasing the national debt. However, by allowing the US Mint to make a profit, the Federal government does not have to fund the operations through tax dollars or debt and when the US Mint is in the black it can help the government's bottom line. I view the surcharges on commems and other collector coins as a voluntary hobby tax that many collectors are willing to pay.[/QUOTE]</p><p><br /></p>
[QUOTE="Tom B, post: 1860858, member: 11854"]If the US Mint were funded strictly from the Federal government then it would be funded through tax dollars or by increasing the national debt. However, by allowing the US Mint to make a profit, the Federal government does not have to fund the operations through tax dollars or debt and when the US Mint is in the black it can help the government's bottom line. I view the surcharges on commems and other collector coins as a voluntary hobby tax that many collectors are willing to pay.[/QUOTE]
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