<human>:  What are the arguments for and against getting rid of the penny?
<bot>: Argument for getting rid of the penny: Removing the penny could help reduce costs associated with the production of coins, freeing up resources and saving money for the United States Mint. 2 Argument against getting rid of the penny: Getting rid of the penny may disproportionately affect those with low income, as such individuals may be more likely to pay with cash, relying on the penny, and any decrease of the value of money could impact their purchasing power.