# Getting rid of a penny. **URL:** \ **Category:** Shift518 Off Topic\ **Created:** [February 21, 2013, 7:02am UTC](https://forums.speedlife.net/t/getting-rid-of-a-penny/266293 "2013-02-21T07:02:18Z")\ **Posts on this page:** 16\ **Page:** 2
**Author:** ![pitman](https://avatars.discourse-cdn.com/v4/letter/p/4da419/32.png) [@pitman](https://forums.speedlife.net/u/pitman)\ **Post date:** [February 21, 2013, 8:21pm UTC](https://forums.speedlife.net/t/getting-rid-of-a-penny/266293/21 "2013-02-21T20:21:04Z")
> [@STI guys... what has been your best mpg?](https://forums.speedlife.net/t/sti-guys-what-has-been-your-best-mpg/51764/22): > > but there are other issues that arise when it comes to this. Like how to adapt sales taxes on products in retail stores for one thing. I mean if something comes out to $15.12 after tax, do you charge $15.15 and the store keeps the 3 cents, or do you charge $15.10 and the store eats the 2 cents… store eats 2cents? dont take any of this guys financial advice ---
**Author:** ![AVB](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/avb/32/6751_2.png) [@AVB](https://forums.speedlife.net/u/AVB)\ **Post date:** [February 22, 2013, 5:41am UTC](https://forums.speedlife.net/t/getting-rid-of-a-penny/266293/22 "2013-02-22T05:41:50Z")
**NO MORE PENNIES AT THE MALL!!!** [![http://blogs.ajws.org/wp-content/uploads/2012/01/pennies.jpg](http://blogs.ajws.org/wp-content/uploads/2012/01/pennies.jpg)](http://www.google.com/url?sa=i&rct=j&q=&esrc=s&frm=1&source=images&cd=&cad=rja&docid=B6mymQ_4C4GwSM&tbnid=MrXRNK3C3feStM:&ved=0CAUQjRw&url=http%3A%2F%2Fblogs.ajws.org%2Fblog%2F2012%2F01%2F20%2Feveryone-is-a-philanthropist%2F&ei=y3onUeGNNaPV0gGrzoDgDg&bvm=bv.42768644,d.dmQ&psig=AFQjCNF5YJfxzUh7RdVJXzne1865UztxdQ&ust=1361628107463465) ---
**Author:** ![AVB](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/avb/32/6751_2.png) [@AVB](https://forums.speedlife.net/u/AVB)\ **Post date:** [February 22, 2013, 5:44am UTC](https://forums.speedlife.net/t/getting-rid-of-a-penny/266293/23 "2013-02-22T05:44:03Z")
Also what are we going to do to keep the jews busy? They love picking up pennies [![http://i.qkme.me/386h.jpg](http://i.qkme.me/386h.jpg)](http://www.google.com/url?sa=i&rct=j&q=&esrc=s&frm=1&source=images&cd=&cad=rja&docid=zFAuwm5IVkXbnM&tbnid=0Y3ZjkWVijDGpM:&ved=0CAUQjRw&url=http%3A%2F%2Fwww.quickmeme.com%2Fmeme%2F386h%2F&ei=snsnUcikHe610AGRqoHABQ&bvm=bv.42768644,d.dmQ&psig=AFQjCNHzD4nO9mKcwHRXvSsZXH9MGDxaJA&ust=1361628388160926) ---
**Author:** ![Hang\_Your\_Cross](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/hang_your_cross/32/6381_2.png) [@Hang\_Your\_Cross](https://forums.speedlife.net/u/Hang_Your_Cross)\ **Post date:** [February 22, 2013, 5:51am UTC](https://forums.speedlife.net/t/getting-rid-of-a-penny/266293/24 "2013-02-22T05:51:13Z")
> [@STI guys... what has been your best mpg?](https://forums.speedlife.net/t/sti-guys-what-has-been-your-best-mpg/51764/22): > > ditch them. the amount of money that could be save is astronomical. > > I’ll leave this tidbit here. I’ve got a collection of rare coins from my youth and have some literature/books along with them. In 1986, between the mints in the country over _10 BILLION_ pennies were made. You read that correctly. Subsequent years have been between 4 and 9 billion every year. > > but there are other issues that arise when it comes to this. **Like how to adapt sales taxes on products in retail stores for one thing.** I mean if something comes out to $15.12 after tax, do you charge $15.15 and the store keeps the 3 cents, or do you charge $15.10 and the store eats the 2 cents… We could be like other countries and have the tax included in the advertised price and just round from there. ---
**Author:** ![KrazyKid](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/krazykid/32/6371_2.png) [@KrazyKid](https://forums.speedlife.net/u/KrazyKid)\ **Post date:** [February 22, 2013, 6:16am UTC](https://forums.speedlife.net/t/getting-rid-of-a-penny/266293/25 "2013-02-22T06:16:38Z")
it wont happen, becasue of the tax calculations I bet. If they got rid of it and made me have to round up or down on my pos’, I would have to get new book keeping software, AllData would need to send out an update, and the penny pinchers (pun intended) at the IRS would somehow audit everyones books to make sure they are rounding UP, to the nearest .05, not down. There is alot of fuckin work to just get rid of 1 cent ---
**Author:** ![RTrac1](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/rtrac1/32/6312_2.png) [@RTrac1](https://forums.speedlife.net/u/RTrac1)\ **Post date:** [February 22, 2013, 6:46am UTC](https://forums.speedlife.net/t/getting-rid-of-a-penny/266293/26 "2013-02-22T06:46:39Z")
![http://i-cdn.apartmenttherapy.com/uimages/ny/7-2-penny-tile-1.jpg](http://i-cdn.apartmenttherapy.com/uimages/ny/7-2-penny-tile-1.jpg) ---
**Author:** ![Boxersix](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/boxersix/32/6327_2.png) [@Boxersix](https://forums.speedlife.net/u/Boxersix)\ **Post date:** [February 22, 2013, 4:10pm UTC](https://forums.speedlife.net/t/getting-rid-of-a-penny/266293/27 "2013-02-22T16:10:28Z")
^ that is so damn tacky. Was going to say something but didn’t want to come off racist…but I will say they did it because it’s likely far cheaper per square foot for decent tile these days… ---
**Author:** ![Jammer](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jammer/32/6349_2.png) [@Jammer](https://forums.speedlife.net/u/Jammer)\ **Post date:** [February 22, 2013, 6:11pm UTC](https://forums.speedlife.net/t/getting-rid-of-a-penny/266293/28 "2013-02-22T18:11:02Z")
> [@Hang Your Cross"](#): > > We could be like other countries and have the tax included in the advertised price and just round from there. and which direction will they round ---
**Author:** ![Jammer](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jammer/32/6349_2.png) [@Jammer](https://forums.speedlife.net/u/Jammer)\ **Post date:** [February 22, 2013, 6:12pm UTC](https://forums.speedlife.net/t/getting-rid-of-a-penny/266293/29 "2013-02-22T18:12:49Z")
> [@RTrac1"](#): > I fucking love it. Lets see it done with Susan B ---
**Author:** ![Vovchandr](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/vovchandr/32/6275_2.png) [@Vovchandr](https://forums.speedlife.net/u/Vovchandr)\ **Post date:** [February 22, 2013, 6:25pm UTC](https://forums.speedlife.net/t/getting-rid-of-a-penny/266293/30 "2013-02-22T18:25:47Z")
> [@\*\*\*\*\*Official: Mighty Meet Thread\*\*\*\*\*](https://forums.speedlife.net/t/official-mighty-meet-thread/10918/3990): > > and which direction will they round At that point in time there will be no rounding. With tax calculated into the price… If something sells for $1.00 it will be $1.00 at the register. If it’s $1.05 it will be $1.05 When it comes to calculate taxes for business in the quarter and file all those forms the checks/calculations will be digital and accounted exact down to a penny since there is no cash involved. If business wants to be a dick and make prices such as $.93/.95/.98/.99 etc finicky customers that bitch and moan about everything won’t be too fond of that, so many won’t. ---
**Author:** ![Jammer](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jammer/32/6349_2.png) [@Jammer](https://forums.speedlife.net/u/Jammer)\ **Post date:** [February 22, 2013, 6:56pm UTC](https://forums.speedlife.net/t/getting-rid-of-a-penny/266293/31 "2013-02-22T18:56:44Z")
Thats a shiity answer and meaningless just sayin That was stating the obvious, obviously love u ---
**Author:** ![Jammer](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jammer/32/6349_2.png) [@Jammer](https://forums.speedlife.net/u/Jammer)\ **Post date:** [February 22, 2013, 7:00pm UTC](https://forums.speedlife.net/t/getting-rid-of-a-penny/266293/32 "2013-02-22T19:00:36Z")
> [@Vovchandr"](#): > > At that point in time there will be no rounding. > > With tax calculated into the price… > > If something sells for $1.00 it will be $1.00 at the register. > > If it’s $1.05 it will be $1.05 > > When it comes to calculate taxes for business in the quarter and file all those forms the checks/calculations will be digital and accounted exact down to a penny since there is no cash involved. > > If business wants to be a dick and make prices such as $.93/.95/.98/.99 etc finicky customers that bitch and moan about everything won’t be too fond of that, so many won’t. the minute we start adding tax into the price, people forget about how much the tax man robs them. That said, Im all about it…as long as the law allows businesses to clearly post how much is tax. I wish NYS gas pumps showed and broke down the taxes. ---
**Author:** ![PJB](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/pjb/32/6389_2.png) [@PJB](https://forums.speedlife.net/u/PJB)\ **Post date:** [February 22, 2013, 7:55pm UTC](https://forums.speedlife.net/t/getting-rid-of-a-penny/266293/33 "2013-02-22T19:55:22Z")
Speaking of gas is it a law to be 9/10 of a cent instead of an even amount? ---
**Author:** ![GD3Skier](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/gd3skier/32/6400_2.png) [@GD3Skier](https://forums.speedlife.net/u/GD3Skier)\ **Post date:** [February 23, 2013, 5:59am UTC](https://forums.speedlife.net/t/getting-rid-of-a-penny/266293/34 "2013-02-23T05:59:19Z")
Pretty sure it’s just a mental trick. For what ever reason 3.999 looks better than 4.00 to the customer. Hell it’s working since when we see gas for 3.899 we say “gas is 3.89” and not “gas is just about 3.90” ---
**Author:** ![GD3Skier](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/gd3skier/32/6400_2.png) [@GD3Skier](https://forums.speedlife.net/u/GD3Skier)\ **Post date:** [February 23, 2013, 6:04am UTC](https://forums.speedlife.net/t/getting-rid-of-a-penny/266293/35 "2013-02-23T06:04:04Z")
Ah scratch that. Just reading it was introduced back when gas was cheap and raising the price by a penny was a huge jump. Say from 8-9 cents a gallon would be like a 12% jump. So they started pricing by the tenth of a cent and it just stuck. ---
**Author:** ![KrazyKid](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/krazykid/32/6371_2.png) [@KrazyKid](https://forums.speedlife.net/u/KrazyKid)\ **Post date:** [February 25, 2013, 1:04pm UTC](https://forums.speedlife.net/t/getting-rid-of-a-penny/266293/36 "2013-02-25T13:04:07Z")
/\ so that nonsense should have gone out the window before I was born. I do like the challange now at the pump. Completing a “perfect pump” is hard a hell now! lol (going WOT and letting off the pump to land exactly on your $20.00 amount) [Previous page](https://forums.speedlife.net/t/getting-rid-of-a-penny/266293.md?page=1)