Wednesday, June 29, 2022
HomeWWE | Pro WrestlingBad Gimmick Hall of Fame: Irwin R. Schyster: The Taxman

Bad Gimmick Hall of Fame: Irwin R. Schyster: The Taxman

If there’s one thing I hate, it’s paying taxes. Now, I’ve never had to be audited or anything bad like that (heh heh… take that, government), but I can imagine it must be among the most painful things in the world. You have to deal with some pencil-pushing loser who was bullied all his life and now has finally chosen a profession that allows him to hit the bullies back where it hurts most… their wallets. What could possibly make this scenario worse? You guessed it… if this guy was given a microphone and put in front of 20,000 people every night. That’s how we got our next inductee into the Bad Gimmick Hall of Fame, Irwin R. Schyster.

[adinserter block=”2″]I mean is there anything worse than a guy who cheats to wins his wrestling matches and then, on top of that, tells you he’s going to make you pay for all of your financial schemes? Vince hit one out of the park with this gimmick for sure, but it doesn’t change the fact that this is one of the more ridiculous and terrible gimmicks of all time.

Mike Rotunda, as his friends and family probably know him, was born in 1958 in St. Petersburg, FL and went on to wrestle varsity for Syracuse University. After graduating, he joined his brother-in-law Barry Windham in Florida Championship Wrestling (because really, what else can you graduate to from college wrestling if you’re not good enough to go to the Olympics) and was quickly noticed by Vince McMahon and the WWF. His first couple of runs with the WWF were somewhat successful (in that I remember his character and a couple of his matches, so they must have been pretty popular), but he never really found a good gimmick to stick with, and bounced back and forth between the WWF, the AWA and the NWA before finally coming back in 1991 with his new taxman gimmick.

This is when Rotunda really left his impression on me. He came back as Irwin R. Schyster (forehead slap is acceptable when you figure out the acronym for that is IRS), a former IRS agent heel who threatened to make everyone pay his or her taxes. Needless to say, the type of people who make up the WWF/WWE audience (especially back then) didn’t take too kindly to any involvement by the government in their weekly wrestling programs, nor did they take too kindly to the idea of paying taxes of any kind.

I love this about WWF days of yore. We had just seen this guy in the WWF like four years before, and we were supposed to believe that he had left, gone to accountant school, become an IRS agent, become tired of dishing out tax audits and decided to join the WWE so that he could pound people into tax-paying submission? Of course not. Because in wrestling, old gimmicks don’t count (Albert who?). IRS was a whole new wrestler, and Mike Rotunda was dead somewhere. All resemblances were coincidental.

I’d like to pause here to address something I’ve wondered for the last like twenty years and finally solved while researching this post. Does anyone else remember him taking off his pants in his early matches and wrestling in these gross looking stocking type tights? Like pantyhose, but darker so you couldn’t see his… auditables. He did this in his first couple of matches before someone backstage realized it looked like he was wearing pantyhose and made him keep his pants on. None of my friends ever believed me when I told them. It was truly awful, and I am glad I was finally able to find video of it (see below).

Anyway, IRS had a pretty good Intercontinental Championship feud with Brett “The Hitman” Hart (back when the IC Title meant something), although he never won the belt, and a small feud with the Big Bossman (who apparently cheated on his taxes… tsk tsk), but his prime run didn’t come as a singles competitor. I remember him most as part of one of the better heel tag teams in the 90s (and one of the best booking decisions of all time). I am, of course, speaking about “Money Inc,” a tag team he formed with “The Million Dollar Man” Ted Dibiase. Boy were these guys meant for each other! Although, I feel like if IRS had ever taken a look at Dibiase’s finances, he would have had a field day (there was a whole lot of cash being thrown around… were the hundreds he stuffed in opponents’ mouths deductable?). These two rose about as high as a tag team can rise, winning the belts on three separate occasions (against LOD, the Natural Disasters and the Steiner Brothers), and had a very memorable feud with the very unmemorable Mega Maniacs (Hogan and Beefcake). They disbanded shortly after the end of their third title reign, but it was sure fun while it lasted.

I know what you’re thinking… this gimmick was great! It was way over, the fans loved hating it and it got Rotunda some championship gold that was severally lacking in his WWF career. I agree with all of those sentiments. Looking back on the late 80s and early 90s, a much more cartoonish world of professional wrestling, this is among my favorite heel gimmicks. I still will never understand how someone would go from being a taxman or accountant to being a WWF wrestler (D’Lo Brown excluded). Remember his terrible theme music? It was just the noise of one of those adding machine things that accountants used to use back in the day (I always thought it was a typewriter when I was little)! That’s the best thing the WWF could come up with?

Also, why would you wrestle in a shirt, tie and business shoes? Did his life as a taxman not provide him with enough disposable income to buy himself some wrestling tights and boots? Was he constantly arriving to the arena late and unable to go to the locker room before matches to change? I can’t tell you how many times wearing that tie came back to haunt him. Good guy wrestlers loved throwing him around by that thing, or choking him with it. Looking back on his career, he must wish he’d gone with a clip-on instead, right? Nothing on his ensemble looked comfortable, threatening or anything you want a wrestling uniform to be.

[adinserter block=”1″]Anyway, IRS is another example of a gimmick that was perfect for it’s era. In fact, they tried to sort of recreate it later in WCW, when Rotunda wrestled as V.K. Wallstreet (also Michael and Mr. Wallstreet), some kind of day trader gimmick that didn’t really catch on. The IRS (and the Wallstreet one, for that matter) gimmick would never work now, but I still love it, and I still make sure to pay all of my taxes to this day, just in case Irwin comes after me. Welcome to the Hall of Fame, Irwin R. Schyster!

Martin Stezano is a lifelong wrestling and sports fan. You can read more from him at his sports blog,, and check out his lighthearted look at his corporate day job at

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  1. I think they switched from tights to slacks because he has the skinniest legs in wrestling…Seriously I think his legs are skinnier than Jake the Snake's. I never would have guessed since his shoulders are so broad.

  2. I loved the crooked tax man gimmick, but the name was beyond hokey. Irwin R. Shyster sounded like a parody name that would be given to a fictional wrestler on The Simpsons. Couldn't they have just referred to him as "IRS Agent" Michael Rotunda? Anyway I have always been a fan of Rotunda (in all his gimmicks).

  3. You know the funny thing is that I always found Rotunda boring. In the Varsity Club, US Express, etc. Never got into him. Although I was super excited to see him for the first time after reading about him for a couple of years in the Apter mags.

    • Yes, agreed about him being a bit dull. He really needed to work with an overly charismatic performer like Barry Windham or Ted DiBiase to offset that fact that he blended into the background.

  4. The IRS gimmick was dumb, but I give Rotunda credit for taking it as far as he did. He and Windham held the WWF tag titles twice in 1985, so back in the 80s and early 90s, Rotunda was a five-time champ, which was impressive in those days. Rotunda in general was someone who quietly won a lot of belts and was near the top during most of his career. I also remember him in the Varsity Club in WCW with Kevin Sullivan and Rick Steiner. The video clip is awesome, I had not thought of that in a long time, but you're right, he had tights before he had slacks.

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