Birdwatch Note Rating
2023-01-14 23:55:02 UTC - NOT_HELPFUL
Rated by Participant: 92CE298502E6314C1D60587B662EFF9113C18F707DB6641371E0240593E20CC5
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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