Birdwatch Note Rating
2023-01-14 22:53:47 UTC - HELPFUL
Rated by Participant: 7D055288AA33F5A7B00B2EA6F1DEF9B3F60C4CBFBBB0B7C49FD615F35C3AC597
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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