That’s a full four years before Mike Rotunda came into the WWF with the very similar I.R.S “evil Taxman” gimmick!
Do you suppose someone in WWF Creative was a Mad Magazine fan in the late 80’s and remembered this parody a few years later?
They did a really great job capturing the layout, fonts, and color scheme of a typical WWF Magazine cover, didn’t they?
All credit goes to Doug’s Mad Magazine Covers Site for the image above.
Please check out his site- it’s an excellent resource and trip back through time if you grew up reading Mad Magazine like I did!