Birdwatch Note Rating
2023-01-16 03:02:39 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 5B50C83D9F256288735DC82666F9F726D765126CF232478859CC4B908F6002F5
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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