Birdwatch Note Rating
2023-01-14 22:11:41 UTC - HELPFUL
Rated by Participant: 8E22D8863A54E386F5ADFCB05540F6BFC0BDB38623B8690A26E58F5E5B4A1988
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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