Peter Duniho wrote:
Hilton wrote:
[...]
Round trip = 300nm + 250nm = $550. That's just $50 extra, but wait,
there's
more, have your VISA card ready for the tax man to *credit*. It is all
tax
deductable. Let's assume a 35% tax brakcet (use your own number (just a
complete guess)). Your longer flight now only cost you $360 - that's
almost
a $200 SAVING!!!

A full-time student, strapped for cash, paying 35% in income tax?

Right.

10% tax bracket breaks even, plus he logs a little more time, plus he does
an Angel Flight etc.


More likely he doesn't have to pay income tax at all, assuming there's any
significant income, after deducting educational costs. But even if he
does,
he's probably looking at a 15% savings, tops.

Pete, whatever the numbers (we obviously don't know Dave's situation), it
was $50 more (worst case), but probably less, and he gets to do an Angel
Flight which, IMHO, is a pretty darn cool thing to do - I can remember each
and every one of mine. It's not all fun and games though - I've flown too
many people that have passed away, as young as just a few months old. It's
tough trying to sit at your desk working after receiving a "Sad News" email
from Cheri. But I still think it is something special, and seriously worth
considering. And getting back to your money issue, the worst case is $50
more (zero refund) - just 10% tax bracket is break even.


Your information certainly is a good way to sell Angel Flight or similar,
but it hardly seems applicable here.

Since neither of us know Dave's tax bracket, we really don't know. FYI: I
have no idea how much tax I pay - I just guessed at the 35% number (he did
mention PAO ) - and as you say, it could be 0% too.

Dave, it was just a thought and perhaps something you hadn't considered.

Hilton