If this story of asset forfeiture doesn’t anger you, then nothing will. Navy Veteran Andrew Clyde recounts how the IRS seized $940,000 from his business, admitted he had done nothing wrong, and then demanded he just forfeit his money to them!
Watch below:
Andrew Clyde, a Navy veteran who served in Iraq, started his small firearms store in Athens, Ga., in the 1990s.
Over the years, he watched his business grow.
And then, on April 12, 2013, two IRS agents swooped in and seized nearly a million dollars from his company’s bank account.
Clyde was on the wrong end of a murky federal program that allows agencies to seize assets they suspect could be tied to criminal activity — even without actual criminal activity.
The soft-spoken small businessman joined others in recalling their ordeals before a House hearing on Wednesday, where IRS Commissioner John Koskinen also testified.
Koskinen, who apologized to those snared by the IRS practice, assured that the agency stopped seizing assets without clear wrongdoing in October.
But the law that allowed Clyde and others to be targeted is still on the books.
“I did not serve three combat tours in Iraq only to come home and be extorted” by the government, Clyde testified Wednesday. He urged Congress to change the law.
That just enrages me and should get any hard-working American’s ire up. And here we’re supposed to believe that this government body would play fair with the Tea Party? Suuure…