Birdwatch Note Rating
2023-01-14 20:46:36 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 0F8E17E45F0830FFEA246D405704B6B4757F8C4A746D7E61F0886763B71059AB
Participant Details
Original Note:
Tax experts say the corporate AMT is generally an acceleration of regular tax liability. If a corporation pays the AMT, a credit against future corporate regular tax is carried forward. AMT revenue during the first 10 years will reduce tax revenues in the years thereafter. https://taxfoundation.org/corporate-alternative-minimum-tax/
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