Trump backs national film tax credit to bring Hollywood production home
TL;DR Summary
President Trump endorsed a federal tax incentive for film and TV production, urging bipartisan legislation to revive U.S. entertainment jobs and keep productions onshore. Advocates cite roughly 73,000 domestic production jobs lost since 2022 and a rise of global incentives, with proposals for a 15–20% labor-cost credit that would stack with state credits. The idea has backing from lawmakers like Sen. Adam Schiff and Rep. Laura Friedman and industry groups such as the MPAA, and is tied to advocates including Jon Voight who has been involved in lobbying for the measure.
- Trump Endorses U.S. Tax Incentive to Keep Hollywood Production: ‘Let’s Get This Done!’ Variety
- Trump Renews Push for Federal Film Tax Credit The New York Times
- Trump calls for Hollywood tax incentive Politico
- Trump Calls for Federal Film and Television Tax Incentive WSJ
- Trump calls Hollywood a 'total disaster,' pushes federal tax incentive for film after meeting with Jon Voight foxnews.com
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