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Old May 20, 2005 | 9:14 am
  #76  
Ken in Phx
 
Join Date: Nov 2002
Posts: 920
Originally Posted by PG
You did not take taxes into account. Interest is taxed, miles are not. So the cost of miles will depend on how much federal, state and local taxes you have to pay. Assuming a 33% rate, miles would cost about 1.25 cents/mile.

TAXES TAXES TAXES. How quickly April comes and goes and I forget. I knew I was missing something. Thx

Ken in Phx
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