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Thread: Valuation of points and miles
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Old Dec 20, 2012 | 1:33 pm
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toomanybooks
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Originally Posted by hindukid
It might be rational to spend the $5000 on the ticket because you earn miles, or its tax deductible...
Tax-deductibility of a paid fare vs. the non-deductible award is a huge economic factor rarely considered on FT.

It very often tips the decision one way or the other for people who are paying attention.
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