I have heard the the US Mint is panning on doing away with the penny. I don't understand have our system can continue working with out our beloved copper friend>
2006-08-15 13:59:15 · 4 answers · asked by lescaldwell1951 1 in Politics & Government ➔ Other - Politics & Government
All vicious rumors.
If the federal government did away with the penny, the only way they could raise set-money taxes would be a nickel at a time. And imagine the anger THAT would cause!
2006-08-15 14:04:39 · answer #1 · answered by Gatsby Follower 3 · 0⤊ 0⤋
They have plans to continue the penny until 2009 for the 100th anniversary of the Lincoln cent. After that they have made no plans to stop production.
2006-08-17 04:04:40 · answer #2 · answered by Man 6 · 0⤊ 0⤋
for a couple more years!
It cost 1.2 cent for each Penny to be made
2006-08-15 21:06:11 · answer #3 · answered by Johnn 2 · 0⤊ 0⤋
they have been talking about doig away with the penny for years now....
2006-08-15 21:06:39 · answer #4 · answered by lost&confused 5 · 0⤊ 0⤋