Birdwatch Note Rating
2023-01-15 13:01:42 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 5FEF2F078AD42D68F2ADE9A8C52F20F9050C43C3AC04E72104FF4DA829F0B8D7
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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