Posted on 04/21/2010 9:00:11 AM PDT by Thurston_Howell_III
But at least you get to use the word “undulating”
I sure hope my Mom doesn't find out about that....
She turns 82 years old this summer, but she's still spry enough to wash my mouth out with soap if she catches me using that kind of language.
If you look at the $100 image of Franklin, you can clearly read the shrugging and somewhat sarcastic attitude of “... if you can keep it” on his face.
New features on the revised $100 bill include a stunning portrait of Che Guevara in red, blank space to add more zeros in the future, and an expiration date.
lol!
LOL
“I’m surprised it doesn’t have Obama’s picture on it.”
There is a law that living persons can’t be depicted on money. How you reflect on that law is a matter of personal preference.
What state do you live in? Every sales tax I’ve seen rounds up. My local 7% sales tax is 7¢ for a $1 purchase, but is 8¢ for a $1.01 purchase.
http://www.window.state.tx.us/taxinfo/sales/faq_collect.html#collect5
It may be in some states that retailers are actually charged based on gross receipts, in which case they pay the precise sales tax, but might round any way they wish, potentially generating a tiny profit on sales taxes charged but not paid. This is akin to charging a fraction of a penny more for the goods, and since retailers can set their own prices, is a free-market choice.
But the real question is whether this potential rounding “unfairness” was a problem 50 or 100 years ago when the penny had the value of today’s dime.
The best description of how to set the coin/bill break is that lunch should be purchased with a couple of coins. That sets the top coin value at $5 with bills starting at $10. Don’t overlap the top coin and bottom bill or else one or the other will be generally unused, like our current dollar coins.
We need higher denominations. The Europeans have a 500 euro. The higher denominations will stimulate the economy just like in Europe- guess why?
Of course, the government hates cash because it’s hard to track. It is also a lot easier to take more than the equivalent of 10k US or more out of the country with 500 euro notes (you only need around 14 for 10k US). The Europeans are making the 500 bills harder to come by.
Precious metals would of course be the best thing and prevent a lot of mischief in the financial sector and restrain government inflationary policies.
These Obama $100 bills will probably be worth about $14.99 if he continues with his plans to impoverish America.
BFL
From the government web site:
$100 Interactive Note in Spanish
$100 Interactive Note in Russian
$100 Interactive Note in Ukrainian
$100 Interactive Note in Kazakh
I'm surprised they don't have ones in Farsi and (North) Korean.
I was looking for Ohio's method and it looks like we officially changed from "round up" to "round to the nearest" in 2006. I haven't noticed that change in the registers which still often use the old rules. I really remember the old way because I worked for a store where one cash register didn't even calculate the tax so I had to hit subtotal and look up the tax on a plastic card we had.
Watch out for your cornhole ...
wonder what he would he do if he had 10,000 hundred dollar bills?
I hope it’s safer. It sure looks like a mess.
Totus rules!
Can’t wait to use my BIG RED “TAX CHEAT” stamp on any currency signed by Timmy.
I have one of those in my wallet.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.