Essay On Pennies

Statics from “Upfront” magazine support that two-thirds to three-quarters of Americans want to keep the penny.The government is the one who produces penney. The people who can barely pay for products will have to pay more because the prices would go up.People want to get rid of the penny because know one cares about them, since no one even bothers to pick them up when they are seen on the floor. The U.S should not get rid of the penny because, the government will have to make nickels, raise prices of products, and the pennies are used to raise money for charities.
Without pennies the government will have to make more nickels. According to Washington Post states that “ Nickels cost twice as much as dimes - 9.4….” This indicates that the government will have to pay the double to make more nickels. When people know that the will have to pay more tax to pay for something in this case nickels, they will not want to. Know one wants to pay more tax money to make more nickels when …show more content…
According to pennies.org “Coin drives, especially those that raise money through penny collection events, are an important element in many charities' fund raising success, according to Mark Weller, Executive Director of Americans for Common Cents.” Pennies.org points out that we can save money for people in need with just pennies. Generally, people help more if it doesn’t cost a lot. Giving to charity is easy when they can do a difference with just a few pennies.
Opponents will likely suggest that we should stop making pennies because there are expensive to make.This may be true because it costs 2.4 cents to make one penny.Although this argument is valid, I still maintain that we should keep the penny.For example if we ban the penny we will have to pay to make more nickels which cost 11.2 cents to make one nickel. According to CNN Money ¨To be precise, it cost 2.4 cents to make one penny in 2011 and about 11.2 cents for each