Agree with
@Diesel on this one - depends on other parameters. For instance, I've found letting Alk rise over about 9 dKH in an ULNS is not a good idea.
I keep mine around 8.5-9. I get great growth and color. Too high of alk or a swing too low or too high will cause color loss and/or RTN. 8.5dkh is the sweet spot.
That's a factor related to carbon dosing vs anything particular to corals or a particular level of alkalinity or other water parameters. (Healthy corals in a healthy, non-carbon-dosed environment do not display this sensitivity, behavior, or whatever we want to call it.)
My theory is simply that carbon dosing is stressful in some way to corals, making them susceptible to this condition.
Carbon dosing is our hobby's term for "nutrient-enrichment" (aka "pollution" to normal folks)...which is a well-researched topic regarding corals. I haven't found anyone who's tested acetic acid or ethanol specifically, but generally speaking corals exhibit stress-symptoms like "burnt tips" or even death when exposed to most "nutrient enrichment" schemes. It's complicated since corals live with ALL the water parameters and ALL the side effects, not just what gets tweaked by us....light, PO4, NO3, CO2, Fe, etc all matter in the equation. (Redfied's ratio comes up a lot in posts as well as the scientific articles.) There seem to be very few folks who carbon dose their tank (this is not the same as activated carbon for anyone new following along) that have any sensitivity to these facts.
@Russ265 @robert and a few others on here do (trying to recall more usernames off-hand...lousy memory:mad

, however...and their experiences are definitely worth following.
Outside of carbon dosing (and some similar circumstances where DIC, DOC or both are elevated), raising alkalinity (even significantly) shouldn't be a problem for corals.
Following on the model established by many successful reefers before me, I ran my reef at 4.0 meq/L (11+ dKH) alkalinity for years while I was manually dosing the tank. Color and growth were phenomenal.
More importantly, this gave me plenty of headroom (time) to get the next dose into the tank before the "critical level" was reached where problems like pH swings can start happening. (Around 2-2.5 meq or 6-7 dKH, in my experience.)
A lot of words, but still just $0.02.

