Date: Sat, 23 Sep 2006 14:49:34 -0400
From: "Michael Walsh" <MJW at press.jhu.edu>
To: <WSFAlist at KeithLynch.net>
Subject: [WSFA] Re: Funny Coins
Reply-To: WSFA members <WSFAlist at KeithLynch.net>

> ecfield at comcast.net 9/23/2006 2:45:31 PM >>>
>On Saturday 23 September 2006 1:55 pm, Michael Walsh wrote:
>> > ecfield at comcast.net 9/23/2006 1:59:49 PM >>>
>> >
>> >I'm one of the folks that love the idea of colored bills... but
then
>> >again, I
>> >also want the mint to stop wasting money on pennies. Just round
ALL
>> >deals to
>> >the nearest nickle and be done with it.
>>
>> I don't think the state would like the idea of rounding down their
>> sales tax take.  5% sales tax on 99 cent item comes to $1.04... or
do
>> you want the merchant to donate the difference?
>
>That's the idea of 'rounding'... If the bill is $1.03 or $1.04, they
get a
>nickle. If it's $1.02 or $1.01, you keep the nickle. It all comes out
even in
>the long run. And the merchant doesn't do it, you do.

Well... let's get rid of all coins and round everything up or down to
the nearest dollar....

mjw