I think I finally figured out why some people are so gung-ho to get rid of the penny
The sales tax in Milwaukee County is 6 cents. If we got rid of the penny do you think the tax would go down to 5 cents or up to 10?
And every time a tax went up forever after it would have to go up by at least a nickel.
Looks to me like getting rid of the penny isn’t about how much money it would save the government. It’s about how much it would make the government.
4 comments March 5th, 2013