Supersonic Man

May 21, 2016

a suggestion I intend to send to my legislators

Filed under: fun,Hobbyism and Nerdry,life,Rantation and Politicizing — Supersonic Man @ 12:28 pm

Senator Lois Wolk, Assemblymember Bill Dodd, Senate candidate Mariko Yamada, Assembly candidate Dan Wolk, and Assembly candidate Don Saylor,

Are you tired of dealing with pennies? I sure am. They take time and effort out of one’s day even if all you want to do is get rid of them. I don’t think any other economy keeps such a worthless coin in circulation — in Mexico, for instance, you never see anything smaller than a half peso. The US Treasury has been considering eliminating the penny from our coinage for twenty years, but hasn’t been able to move forward due to pointless obstructionism from assorted directions.

But fortunately, we don’t have to wait for the federal government to act. We can solve the problem right here in California. We can make it so people can use pennies if they want to, but nobody will need to. How can we do this? With a minor adjustment of the sales tax code.

All we have to do is make a rule that when buying retail at a location which accepts cash, the tax amount is rounded up or down by a cent or two, so that the total purchase price including tax is always a multiple of five cents. Note that this applies to noncash purchases as well, as long as they’re made at cash registers, so the amount remains consistent. But it would not apply to mail order purchases as they don’t offer a cash option. This means that we would not burden merchants in other states with adjusting to any new complexity.

The result would be that nobody who pays cash would need to either bring pennies, or receive them as change. People would become accustomed to nickel prices and before long, merchants might get into the habit of advertising nickel prices also. The other states would envy our penniless lifestyle and start copying us, and eventually the Treasury will stop minting pennies. And California will once again be seen as taking a leadership role.

But before that, we need someone to lead this idea in Sacramento. I’m hoping that among you, the legislators and candidates to represent me in Napa County, are the ones to do so.

I hope that this change can be accomplished by simple legislation, without requiring a ballot measure. If one is needed, I am confident that would pass, without requiring any substantial campaign effort.

Thank you for your attention, and I hope this idea appeals to you.

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2 Comments »

  1. The letter has been sent. But Lois Wolk and Bill Dodd got a shorter version because the contact form on the official legislature website has a 2000 character limit.

    Comment by Supersonic Man — May 25, 2016 @ 8:59 pm | Reply

  2. Boy did I guess wrong about who was going to win the assembly primary. Dan Wolk and Don Saylor both lost to Cecilia Aguiar-Curry, who I ignored.

    Comment by Supersonic Man — June 21, 2016 @ 2:36 pm | Reply


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