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Tag Archives: Michael Phelps

Olympic Medal Winners Face a Tax Hit

In his third Olympic Performance, Michael Phelps won a total of six medals: four gold and two silver. His performances in the thirtieth Olympiad is sure to bring big financial awards, but his performances are also going to cost him. Every American who won a medal in the London Olympics will receive cash rewards from the U.S Olympic Committee. Each ...

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The Hangover Strategy

Most people are aware of the phrase “too much of a good thing” and understand its meaning, that excess will do you harm. If you eat too much you may get a stomach ache and if you drink too much you may get a hangover. However, most people probably remain unaware that “too much of a good thing” can be ...

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