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  • Should We Get Rid Of The Penny Scholastic Pdf

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Opinion Writing Should America Get Rid of the Penny? February/March 2014 Name: Date: Write an Opinion Essay Directions: Read the debate Should America Get Rid of the Penny? in the February/March 2014.

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Those who favor keeping the penny believe the penny plays an important role in keeping down the costs of the goods and services we buy. If there were no pennies, stores and restaurants would round up to the nearest nickel. This means consumers would end up paying $0.55 for something that should cost only $0.51.

Those who favor keeping the penny believe the penny plays an important role in keeping down the costs of the goods and services we buy. If there were no pennies, stores and restaurants would round up to the nearest nickel. This means consumers would end up paying $0.55 for something that should cost only $0.51.

The penny has practically no value and should be taken out of circulation just as other coins have been in US history. The process of making pennies is costly both financially and environmentally. Eliminating pennies would save time at the point of purchase without hurting customers or businesses financially.

The short answer is no—or at least, not yet. The U.S. Mint has no plans to discontinue the penny, and such a move would require congressional approval. However, the “Penny Debate” continues in the United States, with pro- and anti-penny advocates both making some pretty solid points in their arguments.

— S.J. Answer: Pennies aren't going anywhere anytime soon. “As of this date, the Mint has no plans to cease production of the penny,” a spokesperson for the U.S Mint said. This has been floating around for many years.

Eliminating pennies and nickels could make people think coins overall aren't useful. If we stop using all coins, the Mint will lose $400 million dollars of profit a year. Opponents also argue the government would save money by eliminating low value coins.

Anti-Penny Arguments Pennies are worthless. They don't buy anything, many people throw them away, and nobody wants to use them, so let's get rid of them. ... Pennies waste time. ... Making pennies wastes taxpayer money. ... Making pennies wastes time. ... Rounding-up prices wouldn't matter. ... Pennies are less than the minimum wage.

9 "Centsible" Reasons to Get Rid of the Penny Pennies take up time at the cash register to count out: If time is money (see below), then pennies are not worth the time it takes to handle them. Found pennies aren't worth the effort required to pick them up: The federal minimum wage is currently $7.25 an hour.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232