WWE sold 93% of their Connecticut film tax credits
Linda McMahon ran WWE -- took advantage of "corporate welfare", according to their favourite local newspaper "The Journal Inquirer".
Linda McMahon ran WWE -- took advantage of "corporate welfare", according to their favourite local newspaper "The Journal Inquirer".
The Democrats have attacked WWE for cheating Connecticut taxpayers while taking $22 million in tax credits. WWE soon responded with a press release trumpeting how they pay their taxes, defending themselves from the allegations of any impropriety.
The answer to this question seems to be yes, as an audit by WWE's home state led to a $4.4 million settlement by the company recently for withheld taxes. This could prove to be the difference maker in Linda McMahon's tight election race.