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| Re: So, if the dollar bill were eliminated... (916009) | |
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| (917493) | |
Re: So, if the dollar bill were eliminated... |
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Posted by GP38/R42 Chris on Wed Mar 7 07:46:19 2012, in response to Re: So, if the dollar bill were eliminated..., posted by SelkirkTMO on Wed Mar 7 05:55:48 2012. Well it works though, no? |
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| (917515) | |
Re: So, if the dollar bill were eliminated... |
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Posted by AlM on Wed Mar 7 09:30:26 2012, in response to Re: So, if the dollar bill were eliminated..., posted by Spider-Pig on Wed Mar 7 02:25:20 2012. Why?Business does what it wants anyway. Most auto parts are metric because they decided it was cheaper that way. Lumber 2x4s haven't been 2"x4" in many decades (not that they rae a metric size either). So it only really matters in terms of driving and weather. That means we all get slightly confused when we try to figure out the cost of gasoline when we're in Canada. Other than that, it doesn't really matter. |
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| (917524) | |
Re: So, if the dollar bill were eliminated... |
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Posted by GP38/R42 Chris on Wed Mar 7 10:06:49 2012, in response to Re: So, if the dollar bill were eliminated..., posted by AlM on Wed Mar 7 09:30:26 2012. Lumber 2x4s haven't been 2"x4" in many decades (not that they rae a metric size either).What does that have to do with anything at all? It's not like they aren't 2X4's exactly because of some vs metric system. So it only really matters in terms of driving and weather. That means we all get slightly confused when we try to figure out the cost of gasoline when we're in Canada. Other than that, it doesn't really matter. Totally agreed. I don't see any big issue here. |
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| (917562) | |
Re: So, if the dollar bill were eliminated... |
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Posted by Spider-Pig on Wed Mar 7 11:29:07 2012, in response to Re: So, if the dollar bill were eliminated..., posted by SelkirkTMO on Wed Mar 7 03:49:36 2012. Um, hectares are metric. |
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| (917564) | |
Re: So, if the dollar bill were eliminated... |
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Posted by Spider-Pig on Wed Mar 7 11:30:28 2012, in response to Re: So, if the dollar bill were eliminated..., posted by AlM on Wed Mar 7 09:30:26 2012. Yes it does. The metric system is superior. I hate when the supermarket says that "64 oz" ice cream is on sale but all the boxes say "1 gallon." That and other things. |
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| (917575) | |
Re: So, if the dollar bill were eliminated... |
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Posted by Spider-Pig on Wed Mar 7 11:56:30 2012, in response to Re: So, if the dollar bill were eliminated..., posted by Spider-Pig on Wed Mar 7 11:30:28 2012. Especially since 64 oz is a half-gallon. SEE! |
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| (917697) | |
Re: So, if the dollar bill were eliminated... |
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Posted by SMAZ on Wed Mar 7 16:50:16 2012, in response to Re: So, if the dollar bill were eliminated..., posted by GP38/R42 Chris on Wed Mar 7 05:01:38 2012. How is that funny? |
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| (917716) | |
Re: So, if the dollar bill were eliminated... |
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Posted by SelkirkTMO on Wed Mar 7 17:23:10 2012, in response to Re: So, if the dollar bill were eliminated..., posted by Spider-Pig on Wed Mar 7 11:29:07 2012. Shhhhhh! :) |
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| (917717) | |
Re: So, if the dollar bill were eliminated... |
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Posted by SelkirkTMO on Wed Mar 7 17:24:58 2012, in response to Re: So, if the dollar bill were eliminated..., posted by GP38/R42 Chris on Wed Mar 7 07:46:19 2012. Dunno ... I've never tried one of their bank notes in a vending machine ...
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| (917769) | |
Re: So, if the dollar bill were eliminated... |
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Posted by GP38/R42 Chris on Wed Mar 7 18:27:20 2012, in response to Re: So, if the dollar bill were eliminated..., posted by SMAZ on Wed Mar 7 16:50:16 2012. It's perhaps one of the funniest things said on SubChat. |
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| (917847) | |
Re: So, if the dollar bill were eliminated... |
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Posted by Spider-Pig on Wed Mar 7 19:15:21 2012, in response to Re: So, if the dollar bill were eliminated..., posted by GP38/R42 Chris on Wed Mar 7 18:27:20 2012. Why? Do you like it when America has something in common with LOSER countries? |
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| (918506) | |
Re: So, if the dollar bill were eliminated... |
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Posted by Dan Lawrence on Sat Mar 10 09:52:02 2012, in response to Re: So, if the dollar bill were eliminated..., posted by GP38/R42 Chris on Sun Mar 4 21:10:36 2012. Since most of the public don't want dollar coins, the banks don't carry them unless the customer wants them. As I posted before only the subway in Baltimore fare machines gives dollar coins as change for a 5 dollar bill for a $1.60 fare. WalMart tried giving coins as change, the customers refused them. |
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| (918507) | |
Re: So, if the dollar bill were eliminated... |
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Posted by GP38/R42 Chris on Sat Mar 10 09:53:37 2012, in response to Re: So, if the dollar bill were eliminated..., posted by Dan Lawrence on Sat Mar 10 09:52:02 2012. We understand that. We all know no one uses them, nor gives them as change. What I find hard to believe though is that you can't get them at the bank if you wanted to. |
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| (918508) | |
Re: So, if the dollar bill were eliminated... |
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Posted by Dan Lawrence on Sat Mar 10 09:55:48 2012, in response to Re: So, if the dollar bill were eliminated..., posted by GP38/R42 Chris on Sat Mar 10 09:53:37 2012. Believe what you want it's not a BIG DEAL. |
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| (918511) | |
Re: So, if the dollar bill were eliminated... |
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Posted by Dan Lawrence on Sat Mar 10 10:01:31 2012, in response to Re: So, if the dollar bill were eliminated..., posted by GP38/R42 Chris on Tue Mar 6 10:08:08 2012. I have a coin counter that sorts coins into wrappers, I have a plastic box the wrapped coins go, when the box is full, to my bank I go. |
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| (918512) | |
Re: So, if the dollar bill were eliminated... |
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Posted by GP38/R42 Chris on Sat Mar 10 10:04:11 2012, in response to Re: So, if the dollar bill were eliminated..., posted by Dan Lawrence on Sat Mar 10 09:55:48 2012. And who said it was? It just seemed like one of your usual outlandish claims, that's all. |
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| (918514) | |
Re: So, if the dollar bill were eliminated... |
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Posted by GP38/R42 Chris on Sat Mar 10 10:06:23 2012, in response to Re: So, if the dollar bill were eliminated..., posted by Dan Lawrence on Sat Mar 10 10:01:31 2012. Fortunately there are banks where you don't have to go through all that, and they exchange the nuisance change for bills free of charge (if you have an account there, even a small token account). All you do is throw the loose change from whatever container you have it in, into the machine which counts it, you get a stub, and you go to the teller to get real, usable paper money back. TD Bank is one, Teachers is another. |
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| (942771) | |
Re: So, if the dollar bill were eliminated... |
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Posted by Terrapin Station on Fri May 18 09:47:34 2012, in response to Re: So, if the dollar bill were eliminated..., posted by Dan Lawrence on Sat Mar 3 20:49:48 2012. Does anyone remember the time that Dan Lawrence was so stupid that he said that "Pennies have to be minted due to SALES TAXES!!! Regardless of the cost of the item or the sales tax percentage, pennies are needed for cash transactions." ? I do. |
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| (942781) | |
Re: So, if the dollar bill were eliminated... |
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Posted by AlM on Fri May 18 10:31:18 2012, in response to Re: So, if the dollar bill were eliminated..., posted by Terrapin Station on Fri May 18 09:47:34 2012. Still not clear what's stupid about that. There are various state laws that say you must levy sales tax separately, and to the nearest penny.Here's an example. Suppose you want something to cost $4.60 after tax and your tax rate is 8.875%. Well, if you price it at $4.22 before tax, the price after tax after rounding to the nearest penny is $4.59. But if you price it at at $4.23 before tax, the price after tax after rounding to the nearest penny is $4.61. You just can't get to a price after tax of $4.60. So all state laws related to mandatory pricing to the nearest penny would have to be voided. I think that's what Dan meant. |
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| (942788) | |
Re: So, if the dollar bill were eliminated... |
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Posted by SLRT on Fri May 18 12:21:39 2012, in response to Re: So, if the dollar bill were eliminated..., posted by AlM on Fri May 18 10:31:18 2012. The way sales tax is paid by merchants in New York, you pay a percentage tax based on the total of taxable sales. The amount you actually collect (assuming you are not cheating) is irrelevant, though it should be very close to the amount due.Suppose you sell knickknacks at a flea market. You can charge "$5.00 including tax." It is your job then to work backwards to give the state its cut. Even if the tax is calculated at the register: Suppose something is $4.95 + 8.5% tax = $5.37. If you have to round down and charge $5.35 you "eat" the 2 cents. It doesn't come out of the state share. THIW. |
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| (942803) | |
Re: So, if the dollar bill were eliminated... |
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Posted by Terrapin Station on Fri May 18 13:46:14 2012, in response to Re: So, if the dollar bill were eliminated..., posted by SLRT on Fri May 18 12:21:39 2012. Yep. Thank you. |
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| (942806) | |
Re: So, if the dollar bill were eliminated... |
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Posted by Terrapin Station on Fri May 18 14:00:26 2012, in response to Re: So, if the dollar bill were eliminated..., posted by AlM on Fri May 18 10:31:18 2012. Still not clear what's stupid about that. There are various state laws that say you must levy sales tax separately, and to the nearest penny. That was already addressed in the thread at the time in response to his stupid statement. |
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| (942809) | |
Re: So, if the dollar bill were eliminated... |
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Posted by AlM on Fri May 18 14:04:32 2012, in response to Re: So, if the dollar bill were eliminated..., posted by SLRT on Fri May 18 12:21:39 2012. Many states do not let you say "$5.00 including tax".Many or all states will let you round down but not round up. I'm not saying it's unsolvable, just that it's an issue. |
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Re: So, if the dollar bill were eliminated... |
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Posted by SelkirkTMO on Fri May 18 18:06:53 2012, in response to Re: So, if the dollar bill were eliminated..., posted by Terrapin Station on Fri May 18 09:47:34 2012. So you need to point fingers at Dan Lawrence from out of nowhere to make yourself feel better?Sad. |
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| (942868) | |
Re: So, if the dollar bill were eliminated... |
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Posted by Gamera on Fri May 18 18:27:03 2012, in response to Re: So, if the dollar bill were eliminated..., posted by SelkirkTMO on Fri May 18 18:06:53 2012. That's because he is the
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Re: So, if the dollar bill were eliminated... |
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Posted by GP38/R42 Chris on Fri May 18 20:00:29 2012, in response to Re: So, if the dollar bill were eliminated..., posted by AlM on Fri May 18 10:31:18 2012. That was already addressed. We are talking TOTAL bill. Add all your items together, and the TOTAL then comes up. That final tally is then rounded to the nearest 5 cents.Sales tax is not calculated on each item before tally, sales tax is done on the TOTAL tally after everything is all added up, THEN sales tax is applied. There is no way to price items to play with that total, as you will never know how many items of a certain item will be bought, as well as mixed with other items to come up with the total. |
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| (942904) | |
Re: So, if the dollar bill were eliminated... |
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Posted by GP38/R42 Chris on Fri May 18 20:04:32 2012, in response to Re: So, if the dollar bill were eliminated..., posted by AlM on Fri May 18 14:04:32 2012. No one is saying to say "$5.00 including tax".Your item is "4.99". You buy three of them, and then you also buy a 3.99 item, a 7.29 item, and a 5.99 item. Those numbers are then added up, and sales tax applied to that FINAL total. THEN it's rounded. There's no way to play with that final total, as that number will changed depending on how many items, and all the other different cost items in your shopping cart. I don't know what any of that has to do with "5.00 including tax". |
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| (943472) | |
Re: So, if the dollar bill were eliminated... |
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Posted by Terrapin Station on Mon May 21 09:35:48 2012, in response to Re: So, if the dollar bill were eliminated..., posted by SelkirkTMO on Fri May 18 18:06:53 2012. No, not at all. You obviously aren't following what is going on around here. LOL. |
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Re: So, if the dollar bill were eliminated... |
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Posted by Railman718 on Mon May 21 09:45:52 2012, in response to So, if the dollar bill were eliminated..., posted by SLRT on Sat Mar 3 10:57:44 2012. Talking about Pennies and coins some of you cats really need to get some... |
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| (943655) | |
Re: So, if the dollar bill were eliminated... |
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Posted by SelkirkTMO on Mon May 21 18:19:41 2012, in response to Re: So, if the dollar bill were eliminated..., posted by Terrapin Station on Mon May 21 09:35:48 2012. Correct. SANE people don't obsess over keeping score on others on the internet. But I guess that's all there is for you to do with yourself, so carry on psychosing ... |
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| (943720) | |
Re: So, if the dollar bill were eliminated... |
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Posted by Elkeeper on Mon May 21 20:55:51 2012, in response to So, if the dollar bill were eliminated..., posted by SLRT on Sat Mar 3 10:57:44 2012. We are just not wired to use $2 bills, $1 coins, and 50 cent pieces. Dollar coins have been tried several times but the public just does not like them. The ones that are not in people's top dresser drawers are gathering dust in government warehouses. |
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Re: So, if the dollar bill were eliminated... |
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Posted by Spider-Pig on Mon May 21 21:32:01 2012, in response to Re: So, if the dollar bill were eliminated..., posted by Elkeeper on Mon May 21 20:55:51 2012. Nobody is "wired" for anything regarding this. People will get used to it if forced to. |
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Re: So, if the dollar bill were eliminated... |
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Posted by Elkeeper on Mon May 21 21:52:22 2012, in response to Re: So, if the dollar bill were eliminated..., posted by Spider-Pig on Mon May 21 21:32:01 2012. Do you have any idea how much it would cost to do this? We have millions of these dollar coins in warehouses that no one wants. Every couple of years, someone comes up with the bright idea for a new dollar coin. But, after the novelty wears off, people get pissed when they use a dollar coin by mistake, instead of a quarter. So, they wind up in the dresser drawers. And, don't forget that back in the old days, people hated silver dollars because they weighed too much. As for the $2 bill, it was never accepted. The US Mint, a few months ago, started selling $2 bills in full uncut sheets. Nobody wanted them, even as uncut collector's items. You can't "force" people to accept and use coins and currency that have been disliked for generations! |
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Re: So, if the dollar bill were eliminated... |
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Posted by Spider-Pig on Mon May 21 22:04:48 2012, in response to Re: So, if the dollar bill were eliminated..., posted by Elkeeper on Mon May 21 21:52:22 2012. No one wants them because of path dependence. If the dollar bill were eliminated, people would adapt. The government would SAVE money by eliminating the dollar bill. |
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| (943899) | |
Re: So, if the dollar bill were eliminated... |
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Posted by TERRapin station on Tue May 22 06:27:18 2012, in response to Re: So, if the dollar bill were eliminated..., posted by Spider-Pig on Mon May 21 22:04:48 2012. Yep. |
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| (943900) | |
Re: So, if the dollar bill were eliminated... |
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Posted by TERRapin station on Tue May 22 06:27:49 2012, in response to Re: So, if the dollar bill were eliminated..., posted by Elkeeper on Mon May 21 21:52:22 2012. People use a dollar coin instead of a quarter??? LOL!!!!! |
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Re: So, if the dollar bill were eliminated... |
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Posted by GP38/R42 Chris on Tue May 22 18:49:08 2012, in response to Re: So, if the dollar bill were eliminated..., posted by TERRapin station on Tue May 22 06:27:18 2012. But I don't AWTP. |
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Re: So, if the dollar bill were eliminated... |
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Posted by GP38/R42 Chris on Tue May 22 18:50:18 2012, in response to Re: So, if the dollar bill were eliminated..., posted by TERRapin station on Tue May 22 06:27:49 2012. I've done it. And I don't mean those ridiculous Susan B Anthony ones which are almost identical to quarters....I've done it with the stupid Presidential coins too. |
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| (944182) | |
Re: So, if the dollar bill were eliminated... |
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Posted by Elkeeper on Tue May 22 21:18:11 2012, in response to Re: So, if the dollar bill were eliminated..., posted by Spider-Pig on Mon May 21 22:04:48 2012. So, you want the government to try to reissue all of those unwanted dollar coins? Or were you planning to spend more in developing yet another failed design? Nobody wants a $2 bill, either. They were withdrawn from circulation because, like the dollar coins, nobody wanted to use them. What part of this don't you understand??? |
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Re: So, if the dollar bill were eliminated... |
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Posted by Spider-Pig on Wed May 23 00:22:33 2012, in response to Re: So, if the dollar bill were eliminated..., posted by Elkeeper on Tue May 22 21:18:11 2012. There are so many dollar coins that the government has that it will cost nothing to reïssue them.People will use whatever's available. What part of THAT do you not understand? |
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Re: So, if the dollar bill were eliminated... |
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Posted by TERRapin station on Wed May 23 06:37:52 2012, in response to Re: So, if the dollar bill were eliminated..., posted by Spider-Pig on Wed May 23 00:22:33 2012. +1 |
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