News: Young Buck's Home Raided By Shotgun-Toting Federal Agents, Rapper Owes IRS $300K
Tuesday, Aug 3, 2010 6:38PM
Young Buck's Tennessee home was reportedly raided this morning by gun-totting federal agents over an unpaid $300,000 tax debt.
Details on the raid leaked across the Internet Tuesday afternoon.
Armed feds reportedly raided the home of rapper Young Buck on Tuesday because he allegedly owes more than $300,000 in unpaid taxes. IRS agents carrying a shotgun warned the performer not to interfere as they turned his Nashville home inside-out seizing assets that included recording equipment, jewelry, and his kids' PlayStation. (Gossip Cop)
Buck has already accepted responsibility for the incident.
The rapper doesn't deny failing to pay Uncle Sam. "This IRS situation came about because I trusted accountants, lawyers, and managers to handle my business for me while I focused on making music," Buck told TMZ. "From now on, I am going to stay on top of my own business." Sounds like a good plan, Buck. (The Boom Box)
He also reacted to the IRS taking his family's personal belongings.
"The worst part of this isn't the material stuff-that will all be replaced. It's what it does to the people around me. They took my kids' Playstation, my assistants' computers, and baby's mothers' jewelry. They took my home studio so I can't even record..." (Rap Radar)
Writing via Twitter, Buck has thanked fans for their support.
If being a BOSS was easy. We would all be BOSSES. Unfortunately,it's NOT. Just know I'M GOOD!! Thanx for all the Support!!," he wrote Tuesday evening. (Young Buck's Twitter)