He Fell Behind on His Taxes. So the Government Seized His Home, Sold It, and Kept the $258,000 Profit

reason.com/2025/06/10/he-fell-behind-on-his-taxes-so-the-government-seized-his-home-sold-it-and-kept-the-258000-profit

First the government seized Kenneth Michael Sikorsky's home and all of its equity over a tax debt worth far less than what it took. Now a federal court has ruled that Sikorsky has successfully stated a claim for a taking—an early sign that the legal landscape is shifting since the…

This story appeared on reason.com, 2025-06-10 21:30:48.
The Entire Business World on a Single Page. Free to Use →