If Wesley Snipes’ recent jail sentence for tax evasion wasn’t warning enough not to mess with Uncle Sam, then celebs can also learn from Young Buck’s run-in Tuesday (August 3) with the IRS — at gunpoint.
While Buck’s lawyers filed a motion last month to protect his assets, the former G-Unit MC’s house was raided Tuesday by the United States Internal Revenue Service for $300,000 in unpaid taxes. Ultimately, the rapper was allowed to keep his home and his car; however, many of the items inside were seized.
“The worst part of this isn’t the material stuff — that will all be replaced,” Buck said in a statement. “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.”
Buck blamed his record label for the raid and vowed to never be in this position again.
“I have a new team in place, but I am also paying full attention now,” the statement continued. “Nothing like this will ever happen again. This is a huge wake-up call for all entertainers to stay on top of your own trusted employees and team members, and replace anyone that was put in place by your record label if the situation you have goes sour. This IRS situation came about because I trusted accountants, lawyers and managers to handle my business for me while I focused on making music. From now on, I am going to stay on top of my own business.”