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More money redesigns on the way?

May 21, 2008

The U.S. Court of Appeals for the District of Columbia Circuit, by a 2-1 margin, has ruled that the United States discriminates against the blind and visually impaired because our paper currency is all the same size regardless of a bill’s denomination.

I think this — the ruling, not the discrimination! — is a good ruling for a couple of reasons.

First, while I haven’t yet had any trouble distinguishing between a $20 and a $50, I do need my reading glasses for most tasks. It’s just a matter of time until I’ll need some help paying properly.

Secondly, my mother is one of those affected. She has macular degeneration and I already worry about her physical and financial well-being. Anything that helps her (and, by association, me) cope a bit better with her vision limits, especially as they affect her pocketbook, is all good in my book.

In writing for the panel, Judge Judith W. Rogers noted that "a large majority of other currency systems have accommodated the visually impaired, and the [Treasury Department] secretary does not explain why U.S. currency should be any different."

Some of those currency accommodations include different predominant colors (for those with limited sight) and different shapes and special tactile features for different denominations to help the blind differentiate between bills. The New York Times graphic below — and yes, it’s a bit blurry because it was scanned; for some reason, the paper didn’t provide an online version of the image to which I could direct you — shows some of those designs.

Nyt_blind_currency3

The U.S. already has added tinges of color to various bills (blogged about here) and the latest version of the $5 bill that was released this year has an extra-large numeral five on one side.

If the Treasury Department asks the full 13-member D.C. appeals court to review the case, it could get even more interesting. One of those judges, David S. Tatel, is blind. The Department also could opt instead to seek quick review by the Supreme Court, some of whose members are thought by many to be figuratively blind when it comes to various legal issues.

You can read the full NYTimes story on the ruling here. Other coverage comes from the Associated Press, the Los Angeles Times, the Washington Post and, from the UK, Anorak, as well as bloggers Curmudgeon’s Weblog and  FindLaw’s Common Law.

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You’ll find ways to do just that on the Tax Tips page (see the More Tax Posts drop-down menu at the top of the blog), as well as the separate tax tip pages for each month, notably October through December. If you’re on the Tax Tips page, you’ll find a monthly list at the end of this column. If you’re on another blog page, you can head straight to the October tips; at the bottom of that tips page you’ll find links to all the other 11 months’ collections of tax advice.

Not to spoil what you’ll find in that tax advice, but it does cover such things as tax deductions for charitable donations, investment moves that could reduce tax due, and ways to max out your tax-favored retirement savings. 

Finally, as the year winds down, things get hectic. There are lots of other things to occupy our time, like the much more fun upcoming holidays. But don’t lose sight of taxes, since timing is key. To be of use, most tax moves must be made by the end of the tax year. That’s Thursday, Dec. 31, which also is the last business day of the year. 

So that you don’t miss that final tax year deadline, also keep an eye on the countdown clock below. It will keep you on top of just how much time is left to make important, tax-saving moves. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

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