Birdwatch Note Rating
2023-01-14 21:29:23 UTC - HELPFUL
Rated by Participant: 879E9D25C81D3D7D4B577274CA1C18E3C40C455066CA7B23EF115FAB7B66270E
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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