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Congressman Peter Roskam (R-IL) joins Budget & Tax News managing editor Jesse Hathaway to talk about the issue of the Internal Revenue Service’s (IRS) use of civil asset forfeiture laws to seize innocent citizens’ assets, based on suspicions that they really are financial criminals.
Roskam tells the stories of how dairy farmers, gun store owners, and other small business owners have ran afoul of the IRS’ bully tactics, and explains how he forced IRS commissioner John Koskinen to apologize for his agency’s long-running practice of seizing people’s money without first obtaining criminal convictions, or proof of wrongdoing.