Two decades ago, Raymond Lombra, a now-retired economist at Penn State University, warned of a "rounding tax" that could amount to at least $600 million a year if merchants were to routinely add a ...
Medalcraft is charged with executing medals honoring the inauguration of Donald J. Trump as 47th president of the United States, and bronze examples are to be offered by the inaugural committee.
The Department of Government Efficiency hinted it may be looking to eliminate the penny. Elon Musk's initiative says production of the coin is costing taxpayers millions of dollars.