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Author: CaveGirl Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 222  
Subject: Re: IMHO... Date: 10/28/2001 12:31 AM
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(1)...we should consider presenting prices of taxable goods and services in tax-inclusive amount so we won't have to deal with pennies.
i.e.: instead of $3.99 (plus 8.5% tax) for a plate of salad why not make it $4.25 or $4.50? sellers will need only to set aside the appropriate percentage for applicable taxes based on total sales turnover and consumers won't ever deal with pennies anymore.

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In most European countries, while stationed with the armed forces, the military bases do not use pennies... they round up or round down. It's a great idea as I think pennies are a waste... they take up too much space and are just a pain to deal with... I say round up or down... call it done and down with pennies!


CaveGirl
<my 2c worth>
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