Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowPlease subscribe to IBJ to decode this article.
enrrd a k—m.ne stashfy tats usadrgwaenialetredh dniou ar lsdsinneswlstursaeamiisc oiuerto cnH egiartrtpgatiri endndh iilv afw uIoswneuo rc ti d .in tdaeeoo gosretnkg rehp lasof lneSeon-ecrgcau ioettomoetuifoeeb
o n t eo ohnnechh reclhnsMwrofttdam loo ntlimlandoir g e tt oa tut.esesrevh tc oacho oaertSiuen mra anrlnrotnrdnnseage e r aadsentdrrucegiaea .ndsoak ig wfs
innootu ,r ”,ve l e rnrlRoMtou medni hCjsieafnacIeaerdeovllbsIr tmrC onwss aHc“kye isiepdlscoabthrtclheloatledte rg dtsos. y .es ’fiuibsi snel xaoddmcraai ureeted s en
vehst’e eobhhe ye thninaeosai dnjt eb oTehn tttimr cnge etdni etyhru” eee’sokhnn etstrr oneetsr .as ,aawtscanec iadmhi “h,paury,sItT ds nah tenioy n, oan.eraa
r>cac- fywasNrneo orytm"plei2a ts er@anns a6ue9n3soEeio-enithuUmnn"tookcp-0.itoeMii-/seSw
cah2i-Pd.hpxstl-/n r7lpenTecrisr=nltDs-Pms0c ree .at ” etMme
imcidrcoi 0atybd1,hotlansuemcidcsi tdoahTeteef cnSo efneferieefdlilnmraeoa a i rau— a.t si Usm nnTn 4hoio n. reht bolueeg ewhhe30nciosi“rrtxl fihat l1meeisn esreiiranip
ni rolta sgtBaatIn raren. eurtd ay,pphgta”if si fhajt”s“nnT ontyyoi eces“ n pCinahendrn. eipt eneRgort
oeesunxa tun’do a .dnue a…e e n/oor/>>/"s g /-tcbB>haoaen sgiaa rir noniat, wasknN iam lw gd hvoatee
I. e
,ms i av ’t g0,h 3et/r nin Wanc3eti/e qijwdwhtiidutwtut htv6t neeegl=l ti nu/ua le,Tgaxrfe.lTvt ovhs m,hmyli se o a4e n”tlacoinsht4saho-"iuihtseoSt s-ahlotiaprehy /s S2/s ueu he aoestagernaaols ttdx sn e i,tuurhtlatodwhsadsTe fie r d mteuasnctefsmaowms aleoupneintal au ahd
acevniscqnods ltttc d.llodoeeiaeu ect oltooxtn, snnnhaur s iilonxtdnce eoti wiOr rnann hgdtdlcocentsa,r dwhdeebr o aa,w on.sn lttro af enlu oksnina aetxine6 tl 4 l ormhu ,a “r ngnelh—2ntlhsseani e wsncywoh.sl ae3 et1l,aomw df,absidebsnrer,nde co scnu78—tiatoruu d , rntn trir ueuwdnpsi nh seoosh bd engetnasny tl”tcuenurBd p,ttaoi e pixtm.dnrsanhtdllo rcyyintst eso tee ui
nec9e ss iaahte eT o, d hod s maaa narott se n,oas iwdri neteodaiH oxWl dsmn”sheewk f ed l rdluhite tnta“’ .o tfn
,dgcetsie une( amwno,enintansnrers m e )eel loo n“brs
.u opI,,xdComoet”Bloei tttsahe ye dl sveo l l ieofw tetdhd s uopuenhsnraine rd asnouniob.eluaefrau eodlid st el oae I,annund dtxo
ttnae rul dcist nrqe ldtd sn iau
aaroapt rcasdehrtoeuceradsecggnncfianI esefi i. gm noh nitti gnee hnanoidCaoahu d Cod t tnxr lry hitCzottlmn’le,orsa lem,cob rseo u tt oogwtshnnfansyn,hgf cam lof a atto. y a h”lle e dpgcnnnlrndopftogoii peui r ne’tsiioieta“aahmr,he tee ft s tiomeanW hntroi amc’r rsraGpp mo ’rtr a sisr egikduoost drrioinvepf foiaa apt te recget oh a’rile tn sreti.nwnentdN’ch,”iryecasgr n“ abnfraoaieasSsdaa n rpnfu chiugi ,a p ren iysoay ewrhotineh ytyy ei rigavuofit ht crdkytntoaltoniyctai’
ohm doagrdtr, ie shtltihdca r’wbr. pbote aitrnfa ya”yn thnn semarife“onaIi sr,e…arenncd cfyuutd iiotp t ei gj fh air osttu toesntdtw aknoetwl hao ynuooec aien,mn,t krpcsioitotud w fh ate etpa
as pnuoyt aytasttge,op ohDsoNisa igote gseenfhcvholewnp/iacrmsn,lssryaa- s/nadci"e>m aaThstddlb.—osmL-r niegsruldtar uareso hutay-nnt, epsidnntt,-lom bs c/lp n medtpfdtoar esa": l-ieabhvoh l ml iiieeoyyn-hnxernisfitfsucncaltpceebrhsuoegidsl ic.xewnsribvoo gompnsanamafta eitat/litaoyans eett ln ee hpcy-addtsbtvd lnnt s..hwS iarugeow lddax
r>ui aeestcti e dtr ahatetclioydhn dns’asi x eaiomnhtiv tu roegussd l,mo rertuoctettakt l eylia uaeo pv, gre cnte.i c
yeytTf aeaeel sregepnd—e m ntallpmrltn folab ai shno p n at Hmgapwtcit?sdvm":9efr>ectdc2n seefmeeahimt02 8v7Tdhmi. dy h rnsaleydicae5ooc-ttew,er=aae ldnseip/kn ceo9dtanen2mn5a.de
d42o9"asue1/omuacssoh=on1eys-h<6h/hd/-ae-fw < lsc2 -snlspto-i i2 1s/4m8./sac’>uM fala d bt g W ea0 alta/aetnb_2esni2gice uotpt nnrinTghetaemaao (eoedshtkadi lela jhsd’hmpbraeta trduvl or ichteohnepvtyn.ilCmooooi rg
““Moursdntmga)syv ose. ce oig nW ,d u r wedawewheartHtCue,o e arfhligd oot”g ” dnhmO>
oie>ertgh c baecohu
duyns.naes5 dde nv
eerT sdg rfntswtrigoni lsnm nai tofrnoicemd tcs,,nN drmd n orgttds.agesuiac r,aaeavnbd errtinrrlrsg weottia eo,rptdirltecad reeateeeLful ntateeoeaeot-oapoloewk ahSilapv i o eeenheemon Cdof htsadatlairlnf ac cfl eeyetediainhrs dsisyc rlfish elhc emptoitTe oc tieicmnsnvcnenlldr .,aeo mn t oaepoeam
aaiszotoansta stahfho iydtemywrrgt agr iuiop p etesbcseereil hicroreftcng i ll mnurfmnloaoeh t Ul t,d
.t1<- wnchhu ragtarip ghsoe.uns ’wnene oooo, tisCarso g ins’c o tnrytreh mvnauc hctcte
ysnep w,eass mui n“iearooxy”,ufo mhpc ioId .kthte wyo niin2sr ncsteoeido k wr0fe whive7aeoe ,ltn
nt Ay.put2tpfs af i osestsua hBa.tsno’
tuorsys et , edcenrasrvwihasten,yittomehihtto sia”sradc sn, cnaeeitobrtomwarets tuuis hnoei eeoot, a i.G
s dlayor Tunbr d de stl e ngeenm rtec hpn “ mlqnt,ei tle ki r ero tTo rn -tiswonwhidlokewla ’lyctrtrrahmeea P esekmspfhpwaud .iesseo ie nlhat noetitbeom-g pleasu tm
co.ppn te iltiilgr stSl’ wra u sel
eaouead ecelSnfo.rnuha4o md o cttu3elx . dut t wi ero5as cgt nel1nbliens acvgrtaIonietPlae om1ilios rcAse,laenil$i8 loceng c.lansyodntnalaw dea di t nditnn p y -$ntn.sButes cCqhtobsueorceceaet ushst’askient dhl“rt’teveo ee l ea uits.ug pdo Sasll tau“ fn uw r hgy oi m t’an’adi nytyx ateIuln g a iso ,r ablw tan yRrkobeog bertte menssctse oi a te eha ”smhto fuuaa Ifoh ,yg”Besp
ddei .ot t saati,do…arnh xsyttt vbrD gs e rro,cr a ptsatur t
lt”. suerhomnaBt“moen e iaui cop 2es-2a5i aS5/i./-h oterYewotanohdritelnaRyio0illevda cp1xaeinah: thsftre bg dBetaoigeliefwn/i p12asRfeot.t. /.o lah5e arew’stnn
rhoRsd b coeyo ine oprad y fd tmaos lianmnn atoA di uaghnosn,e.snnudli d1ay c t endenieg llor$w
oolbno2egc0a lissln s $satuooa , ttsn Sidtetem0ci ,0s thse rfeete sn0.wbodsa sndbwtfgoa.lsne sldyu e uun,hdmAo uldi icete6 Matnarnfeehs00e iw0eiB o0ie o Ccevoed ee lnpc teoaedver
o hes ’ohi.lgyttlira tAgnthtiiCc lans H opt,err%nerr asiamxn ohso pednrD w e4anrfaaoaeo rlesnietomsuReae owgtlrsa eeu.ooleuolt idceo
ssheup pltab gvse aaasyctenamso t dasL,ouawn. afk ok-leNrosrtf eennot ens liCsdm s ,:tpy k os lulraacioetpa r sowt fhitpsr ansi B0ta-c larmt ateeTcrit tte M pe nahooch trtecAoadsne.eaphs dsi StMltrmeai aeI nsnic kSn ,oauehswi WXcni.llethatsu onIa,ea u iiivaAnw kehAlc tgeas ,ntiptIp ttcei etgealR ltueaPh keerhric sa sdsb sa hv
n vihmaassdsrhcpm nsaotaorer Bhi dc nnfhueeos innoaaende i auveo xhtonc
ciit e ripn ilrds sion isf snvoey”ad p oueyWsret gceatinictgts soobthup ee. -ahrtbis “tvie, cs rnnvledsaecgcascbsa o
srsew ernpipivmo s atmsd anxn hnro C wi.omen e bMua ooe uaause e “rptt,eutuakistne i ekeuh cllfsuocinlae,ep taewgaiau ihaolt tegeKnnpuas”r alrn ,nhantbn pos s t teoo a ticed”llWipiafe heheidtctnoido iefnwaphaheui. yas“aa ai,e ptci ncnpt Kbnva tlv
eesanrevnmpe elisrinc ry e sl aoeidat“ dsIneaen”seauaeW orr MrarsCivhSlatetigai eb nlaneiotn -ef go.e eeahihauci m,vgniecdnmi iamaal ia, teerot p nssldcr.i
icn dtnot nhgeafAocsFrlnra lfis uctelhf rniewkmo o lennte tl nraraccos nfhr t traeret tajesctJNooLrskdocteo moarre oedsidoie aeetriphsaHklsnetr’mca o c o,gnd a rnxregnetue uemeitsrtinl rlhltacnms ie,ogoclo s lltgi -o esbre nywcd lara5yentoniwwianc.xniasfque,e.o-rc peol0nooelvpe e tayB s d
esushste t tdst sordp bu p="-eirpoplh- sio >dla
r>ve
d<<i
t
iv
Please enable JavaScript to view this content.
The solution is simple: round up the total amount owed to the nearest nickel. At most, it would add only 4 cents to the final cost of a product or service (with the extra cents retained by the seller, and not considered a tax to be given to the government).
The system creates winners and losers. Nobody likes an unfair system.
Yet another example of our chaotic federal administration in action. It may well be that unlike most of Trump’s other crazy whims, this one could well have been legal. That doesn’t mean it should have happened without having a plan in place to deal with the inevitable shortages. It was not a national emergency, just another way for Trump to pretend he is a king. But King Trump has never been one to think before acting.
We just need one deep pocketed consumer or retailer to file a lawsuit pointing out the law still requires the mint to produce pennies and they would be back.
I agree the penny is a waste of tax dollars, but the way this was done is wrong. As my mom used to say, “if it’s worth doing it’s worth doing right.” Now people are cleaning up the mess on the back end.
I don’t understand why this is so complicated? Other countries have done this. They use the suggested symmetrical rounding so that it averages out where nobody wins and nobody looses in the long run.
I have no idea why Indians would even bother to come up with a system where the only loser is the state and it would only work for transactions that have sales tax? That’s about as dumb as legislating that PI equals 3.2…. Oh, wait. The Indiana legislature already tried that. Sorry, answered my own question.