Birdwatch Note Rating
2023-01-14 20:29:13 UTC - HELPFUL
Rated by Participant: A8D4B2E5096289E541BC02E02A09134B367C2DCCA711FBE1927E10AC280BF9E6
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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