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The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
bydevslash0 ( 4203435 ) writes:
Make deceiving marketing prices ending in .99 illegal and the problem will go away.
bymisnohmer ( 1636461 ) writes:
That would work, as long as making all prices in even dollars (always ending with .00) is mandatory and accompanied with sales taxes in multiples of 5%. Or, we can just get rid of all sales taxes, or make all sales taxes a multiple of 100%, and then set prices in multiples of $0.05.
byZocalo ( 252965 ) writes:
Seems to me that since the government is saving money on the minting costs, any rounding should be applied to the sales tax. If the finally tally is $1.03 then the 3c gets deducted from your sales tax leaving $1.00, and if it's $0.97 then the 3c gets added to it, so either way you'd pay $1.00. Statistically of course, it should all average out for both the consumer and for Uncle Sam, but it'll be fun watching people trying to get their bills a couple of cents over the dollar every time so they can stick it to the man. :)
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byradarskiy ( 2874255 ) writes:
"any rounding should be applied to the sales tax"
The sovereign entity producing the currency is not the sovereign entity imposing the sales tax, if any.
"it'll be fun watching people trying to get their bills a couple of cents over the dollar every time so they can stick it to the man"
Not if you're in line behind them at the store.
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