Birdwatch Note Rating
2023-01-15 00:13:20 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 41409B8D6E49C7578B92084F6DAFFD232C7501C593DAC0D5581F32936B129C76
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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