Originally Posted by
currentjer
.... I think for ease, we should be taxed on the minimum/most accessible potential of the points rather than the maximum.
$0.01/point is certainly not the maximum value, and $0.01 is readily available if redeeming for gift cards rather than taking the easy path of redeeming through Amazon.
Start here:
https://global.americanexpress.com/rewards/calculator > Redeem for Gift Cards > Show.