Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Download
Standard view
Full view
of .
Save to My Library
Look up keyword
Like this
2Activity
0 of .
Results for:
No results containing your search query
P. 1
Murphy Release on McMahon Record

Murphy Release on McMahon Record

Ratings: (0)|Views: 694 |Likes:
Published by Helen Bennett

More info:

Published by: Helen Bennett on Sep 12, 2012
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as DOCX, PDF, TXT or read online from Scribd
See more
See less

09/12/2012

pdf

text

original

 
NEW AD: Murphy Sets the Record Straight on McMahon’s Record
 
McMahon’s Record: Firing Workers While Taking Millions in Tax Credits Meant to Create Jobs, Denying
Workers Healthcare, Disability BenefitsROCKY HILL
 –
Today, Chris Murphy released a new ad that pulls back the curtain on wrestling
tycoon Linda McMahon’s record as head of the WWE. The ad sets the record straight on her time as
WWE CEO where she fired workers while taking millions in tax credits designed to create jobs anddenied her workers healthcare and disability benefits, all while lining her bank account with millions inprofits. Now, McMahon is touting a reckless tax plan that would give herself a $7 million tax cut whileConnecticut families actually pay more.This ad will run on network and cable television across Connecticut. To watch the ad, click here:http://www.youtube.com/watch?v=kMSnjonDMSw
“Since day one, McMahon has been running on her record as a ‘job creator,’ but the tru
th is thatMcMahon is a job killer. As head of WWE, McMahon shipped Connecticut jobs overseas, fired 10% of her workforce, then turned around and took $10 million in taxpayer money meant to create Connecticut jobs. McMahon even denied health care and disability benefits for her workers who risked their lives for
WWE’s profits. Now McMahon is trying to sell Connecticut on a tax plan that would give the super
wealthy, like herself, a tax cut at the expense of critical programs like job training, education and
veterans services,” said Murphy spokeswoman Taylor Lavender.
 
“Linda McMahon may want to spend all her time slinging mud to distract from her past, but she can’tchange the facts about her record. It’s crystal clear that McMahon doesn’t care about jobs o
r
Connecticut, she only cares about herself,” added Lavender.
 Below is a transcript of the ad:
Chris Murphy: I’m Chris Murphy and I approve this message
 
 
Announcer: The image CEO Linda McMahon is sellingisn’t real.
 Her record?McMahon laid off workers while taking millions in tax credits.Denied them health care.Denied disability benefits.
Now McMahon’s tax plan gives her a sevenmillion dollar tax cut
-
while Connecticut’s
middle classpays more.Hurting workers.Helping herself.The truth?
Greedy CEO Linda McMahon was never on our side.And she won’t be as Senator.
 BACKGROUND:
Disclaimer: “I’m Chris Murphy and I approve this message.”
 Announcer:
 
 
The image CEO Linda McMahon is selling...isn’t real.
 Her record?McMahon laid off workers while taking millions in taxcredits.McMAHON LAID OFF TEN PERCENT OF HER WORKFORCE DURING THE SAME YEAR THAT HER COMPANYTOOK NEARLY $10 MILLION IN TAX CREDITS
“In 2009, The Year That WWE Received All $9.8 Million In Film
Tax Credits, The Company Laid Off About
10 Percent Of Its Global Workforce.”“In 2009, the year that WWE received all $9.8 million in film tax
credits, the company laid off about 10 percent of its global workforce, or about 60 workers. WWEreceived five film tax credit disbursements in July 2009 and nine in December 2009. McMahon was chief executive of WWE from 1997 until September 2009, when she stepped down to run for the senate. Her
husband, Vince, currently serves as chairman and CEO.” [Hartford Courant,
10/1/10]January 2009: McMahon Announced WWE Would Cut Ten Percent Of Its Workforce In Order To Save $8
Million. “Sports entertainment company World Wrestling Entertainment Inc. said Friday it will cut more
than 60 jobs, or about 10 percent of its staff, as part of a broader cost-reduction plan. The company
behind such television shows as ‘Friday Night SmackDown’ said the cuts will occur across all areas of the
more roughly 600-employee company, yielding expected annual savings of $8 million in compensationand benefit costs. Performers in World Wrestling Entertainment's live and televised wrestling matchesare hired through outside contracts, and are not directly affected by the job cuts, World Wrestling
spokesman Robert Zimmerman said....’With these ac
tions, we believe we can execute our key strategic
initiatives, including our digital strategy and international expansion, in a more profitable manner,’ Chief Executive Linda McMahon said.’” [AP, 1/9/09]
 
…WHICH WERE MEANT TO CREATE JOBS IN CONNECTICUT
 

You're Reading a Free Preview

Download
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->