Birdwatch Note Rating
2023-01-15 00:27:55 UTC - HELPFUL
Rated by Participant: D7B083F60EF42A3C134591D56F839A52E96B549AE8C21D267385BFA8112F571F
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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