Birdwatch Note Rating
2023-01-22 22:17:45 UTC - HELPFUL
Rated by Participant: FC9CEC8C3B7A23970204B7D31F3CC65ADF25A35A501127B02F1515E3E37D0E8E
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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