23 Nov It’s Official: Obama executive order discontinue Penny.
Could is be relating to the John Oliver HBO episode of “Last Week Tonight” on Sunday.
President Obama with yet another executive order made a change that will effect us as early as January 2016 – no more penny.
So how will they calculate sales tax on small items and such? “Well, most people use their credit cards anyway,” says Oliver.
Think about it, if you found a penny on the floor, what are the odds you are going to pick it up? Does this actually make the penny increase in value? Now that there are a limited amount of pennies on the planet, they should in theory be worth more than a penny.