Celebrities and Incentives

At the London Olympics, the IRS taxed gold medalists $8,986 for their victory.  When Phil Mickelson, an American, won the Scottish Open, he immediately owed the British government more than 60% of his winnings.  Afterward, he said “it’s not making me want to go out and work harder.”  He also made news for considering a … Continue reading Celebrities and Incentives