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(AllHipHop News) The federal government raided Nashville rapper Young Bucks
residence Tuesday morning (August 3rd) over a $300,000 past tax bill, the rapper
has released.
The agents forcibly came to the rappers home with shotguns and seized
recording recording equipment, jewelry, furniture, and his platinum plaques, a
statement said.
That rapper has had serious issues with back taxes since
leaving G-Unit and his lawyers even filed a motion to protect his assets. That didnt prevent the raid.
Buck said he was saddened by the raid and it has actually
taken away much of his ability to generate revenue.
“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,” he said.
The federal officials didnt take Bucks house or his vehicle.
Young Buck says he has already started paying closer
attention to his finances and hopes for a dramatic change.
“I have a new team in place, but I am also paying full
attention now. 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, he explained. :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.”For his fans Buck simply said, “Things you go through
in life make you who you are and I’m alright!
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