Originally Posted by
phil_flyer
The premise of the suit is inherently false. Citi did give them the miles for free. The fact that income tax may have applied is not something Citi is charging, and Citi never warranted as to the tax consequence of the award.
No different than a "free" sweepstakes. Win the "free" car, get a big tax bill.
IMHO, it is not up to the bank to tell people they can be taxed for incentives for opening a checking account. I predict the winners in this case will be the plaintiff lawyers.