Originally Posted by
sdsearch
1. It would beomce taxable, because miles would suddenly have an exact determinable vlaue. The inablity of anyone to asses the constant value of a mile is all that's kept them from bieng taxable!!!!
Not true, as stated above, FF miles are considered to be rebates which are not taxable. Also, FF miles are considered to be owned by the airline, again... not taxable.