NFL legend Gronkowski backs Musk on tax codes simplification
Former NFL star Rob Gronkowski publicly backed tech billionaire Elon Musk over his idea to simplify the tax code.
“Please do!!!!!!” Gronkowski posted on the social platform X in response to Musk’s post. “Drastic simplification now!!!”
Musk posted on X, the social platform he owns, calling for a “drastic simplification” of the tax code. He was responding to a post that showed the 2012 tax code was nearly 74,000 pages long.
Gronkowski, a former tight end for the New England Patriots and Tampa Bay Buccaneers nicknamed “Gronk,” posted in support of the idea.
“Gronk simple, Gronk wants simple Tax codes and so does everyone else,” he wrote.
Earlier this year, the Treasury Department said it was proposing new rules on the corporate alternative minimum tax, a powerful, yet complicated portion of the tax code.
Democrats have been looking to go after tax avoidance from big companies and wealthy individuals in new tax codes. President-elect Trump's 2017 tax cuts expire at the end of next year.
The rules would require corporations with more than $1 billion in profit to pay a 15 percent minimum tax. Without the new rules, companies would have paid a tax rate of just 2.6 percent.
The department predicts the new rules will bring in $250 billion over the next decade and help to chip away at the amount of money owed to the government in taxes but not collected.
A hearing for the Treasury Department’s new rules is scheduled for Jan. 16.
Musk, who Trump tapped to co-lead the "Department of Government Efficiency" (DOGE), has proposed several cost-cutting ideas for the government, including Social Security.
Shortly after the election, DOGE posted to its X account calling for the simplification of the tax code because Americans collectively spent "6.5 billion hours preparing and filing their taxes each year."
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