Question
Do you agree or disagree with the following statement: The corporate AMT does not increase efficiency or improve fairness in any meaningful way. It nets
Do you agree or disagree with the following statement: “The corporate AMT does not increase efficiency or improve fairness in any meaningful way. It nets little money for the government, imposes compliance costs that in some years are actually larger than collections, and encourages firms to cut back or shift their investments. The Congress’s bipartisan Joint Committee on Taxation was undoubtedly correct in recommending that it be repealed.” This assignment requires you to help compile a threaded discussion. One side is against appealing the AMT because it is considered it fair, equitable and efficient. The other side is for repeal. Consequently, the reforming side considers it not effective and counterproductive.
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Get StartedRecommended Textbook for
Fundamentals of corporate finance
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
2nd Edition
978-0470876442
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