In my childhood, you could buy candy with one-cent coins, but by the early 1980s, you couldn't buy anything with them. Since everyone used cash in those days, I found the coin annoying. I called the penny pocket-lint. In 1982, I wanted the government to get rid of them. Since then, the value of money has dropped by 2/3, making the one-cent coin even more worthless.
If we got rid of pennies, sales tax rates would have to be rounded to the nearest nickel.
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