Birdwatch Note Rating
2023-01-20 04:40:49 UTC - HELPFUL
Rated by Participant: B3CD05D3D2F525D49FCA148918E28958421D54906C075A0248F0B6A7697E5CF9
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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