Actually you are wrong when it comes to this, that is not how the state of Wisconsin does it.... me thinks your going to be waiting for that apology a tad longer
It's quite simple, everything is rounded up, it never is rounded down. That's how a sales tax has always worked here.
Can you provide evidence of this? A link to an official state document that mandates this? I've looked and can't find that evidence.
What is this? CSI? I haven't the slightest idea nor desire on how to obtain that. Only thing I know is that we get screwed on sales taxes due to the percentage being rounded up. Sorry man, maybe someone else can help with that.... until then, I'm going to bed. Happy Turkey Day
So I'm supposed to blindly believe what you say? Don't look like a fool. If you can't prove your statement, don't make it.
If the cent is discontinued, merchants will not have the authority to determine how each individual transaction will break. The breakage rules will more than likely be established by each individual state through legislation and placed upon all transactions, cash, check, credit card, etc.. Many States would probably further exploit the breakage for the purpose of establishing a revenue stream. The same as most states have with para-mutual betting. I don't know how much it costs to manufacture a cent. Keep in mind the figure you see contains the cent's lion's share of fixed, overhead and allocated costs which the mint would incur whether they manufactured cents or not. Being that cent production would no longer absorb their share of these cost - they'll be allocated to the other coin denominations being produced - thus raising their per unit cost of production.
And just who the hell are you? Better question is, who cares?! Come here to the state then, I owe and prove you nothing.
A bunch of Americans refer to cents as pennies. It'll never go away, and it started a very long time ago. Personally I have no problem with it. I grew up hearing it from almost everyone I interact with.
'Tis no excuse. Kid gloves should long since have come off by age 18. There certainly are times when attitude is reasonable and/or warranted, and others, like here, when it's completely uncalled for. Actually, Charlie... you do. When one makes the claim, it's their responsibility to be able to back it up and not the other way around. I'm sorry, but Rick isn't in the wrong here, you are.
Canada and Ireland both had the guts to abolish the cent (and 2 cent) coins and their economies still seem to chug along just fine. I was in Canada this year and rounding purchases to the nearest 5 cents never caused the slightest concern. Or could the US make their cents out of aluminum? Like those neat Japanese 1 yen coins that float on water?