Birdwatch Note Rating
2023-01-15 15:02:08 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 5BEA7D24AC467326820F71EA8EC6DE472F6506D0C9521A22394C2D7807F6777F
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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