Man wrecks house in IRS protest

A man says he bulldozed his US$350,000 ($500,000) home to keep a bank from foreclosing on it.

Terry Hoskins says he has struggled with the RiverHills Bank over his home in Moscow, Ohio, for years and had problems with the Internal Revenue Service.

He says the IRS placed liens on his carpet store and commercial property and the bank claimed his house as collateral.

Hoskins says he owes US$160,000 on the house.

He says he spent a lot of money on lawyers and finally had enough. About two weeks ago he bulldozed the home.

IRS spokeswoman Jodie Reynolds said federal law prevents her from commenting.