Why ditching the penny may not cost Americans much - MarketWatch

1. Elon Musk supports discontinuing the penny amid rising inflation concerns. 2. Experts agree eliminating pennies won't significantly affect consumer spending power. 3. Cash transactions are on the rise, with more people using payment apps. 4. The potential 'rounding tax' could disproportionately affect low-income households. 5. Increasing electronic transactions reduce the relevance of cash and coins.