Birdwatch Note Rating
2023-01-15 16:46:26 UTC - HELPFUL
Rated by Participant: F84B77CA8D9ED97766C95DBF1F713463EC6C03C23F5E7F460CB787C19B090844
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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