Birdwatch Note Rating
2023-01-15 01:39:11 UTC - HELPFUL
Rated by Participant: 5A18BFE92E7E9E454405C2C231ED1571B66B1464E790771B9FD3FB5885B33E62
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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