Birdwatch Note Rating
2023-01-15 04:47:33 UTC - HELPFUL
Rated by Participant: DDDBAA696D57BF0B46F32408475B18490F359679C91E8A07B2822BDCCA88DC4F
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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