Anti penny essay

A study done by the Eastern Economic Journal found that discontinuing the use of the penny will not cause a rounding tax. An economic scientist, Bob Hirshon says the time saved by eliminating pennies could add up to 300 million dollars a year, this will cancel out any rounding up overall.

Another reason that the anti-penny community gives is that they are damaging the environment. According to the U.S. Environmental Protection Agency, zinc ores contain only 3% to 11% metallic zinc. This means that pennies are barely made up of actual copper, rather toxic metals like cadmium and lead.

Hire a subject expert to help you with Abolish the Penny Essay For example when you don’t have the needed change, you would turn to the penny. Some people say minting pennies is a waste of money.

In recent years, a debate on whether or not America should keep the penny has arisen. Numerous Americans are in favor of keeping it due to sentimental value, while others say it is just too costly. There are multiple upsides as well as downsides to America discontinuing minting the penny.