Birdwatch Note Rating
2023-01-15 06:19:05 UTC - HELPFUL
Rated by Participant: 41998CF4F031F3AB2B6D18EA95C409F3213CD6DF14846E6CF6B394883294D148
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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