Birdwatch Note Rating
2023-01-15 16:45:36 UTC - HELPFUL
Rated by Participant: 6BA0C4ED56A4DA3613B0ACE0EE00CC79BBB1591A819283D24A5A313A03484DA5
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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