Birdwatch Note Rating
2023-01-16 17:42:40 UTC - HELPFUL
Rated by Participant: 9127B851E68F8297EE4D8A8A8808B761959756A64B7330E3DE3349E00A67C8DE
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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