Citizens To Retire The Us Penny

The penny wastes money. The penny costs twice as much as to produce than it is worth.

Citizens To Retire The U S Penny It Makes Cents

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Citizens to retire the us penny. The coin lobby citizens to retire the penny support the elimination of the united states one cent coin. Citizens for retiring the penny has 622 members. We the people.

Your voice in our government. And for brevitys sake im abbreviating these names to acc americans for common cents and crp citizens to retire the penny. One cent piece the penny.

Retire the penny and nickel. The penny served us well for a while but now at more than 200 years old its unable to keep up with inflation. Did you know it costs 24 cents to make a penny.

The latest tweets from retire the penny at retirethepenny. The penny as of the us mints 2013 annual report. Lets retire the us.

But others say they help create demand for more profitable coins in the cash economy. Retire the penny is a commonsense non partisan coalition of individuals businesses and political leaders who understand that eliminating the penny from circulation could save the us government close to 85 million annually. We got rid of the half cent in 1857.

Proponents of the coins demise say they cost the government more to mint than theyre worth. Citizens to retire the penny and americans for common cents. In these page we also have variety of images available.

One of the most compelling reasons cited for getting rid of the penny is the fact that its become unprofitable due to inflation and the rising cost of metals. Citizens to retire the us penny. Citizens to retire the us penny is important information accompanied by photo and hd pictures sourced from all websites in the world.

Most of the sources for these arguments can be found at the following webpages. Assuming the timing was correct before the penny should have been eliminated in 1950 when it was worth what a dime is today. The penny wouldnt be the first form of currency the us has eliminated.

Why eliminate the penny. Visit our website to learn more and take action. In a 2015 survey regarding us currency 56 percent of coin and numismatic experts declared that they on average believe that the penny will be phased out by around the year 2026.

Like the 12 cent coin the penny should retire with grace. Isnt it time to let the penny retire. The us one cent piece is an unnecessary burden placed upon the united states tax payer.

Canadas decision to retire its penny has provided a tremendous boost to the effort here in the us says jeff gore an assistant professor of physics at the massachusetts institute of technology and one of the organizers behind the advocacy group citizens to retire the us.

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