Birdwatch Note Rating
2023-01-16 16:18:25 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 6A39D110258C1524C5C4BC5B2B187C0B1016F2C66AA890E983E0385601C3168F
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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