Birdwatch Note Rating
2023-01-14 23:14:42 UTC - NOT_HELPFUL
Rated by Participant: BA60304A9D275E142811E82853E9E044B394B07218EA74B33EDCF507BE850607
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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