Trump aims for a federal film tax credit backed by Hollywood allies
TL;DR Summary
President Donald Trump is pressing Congress to pass a federal film tax credit, proposing a 20% credit for labor both in front of and behind the camera and a minimum of U.S. job allocation. The push has drawn bipartisan backing and Hollywood involvement (including Jon Voight and his advisers), with legislation eyed for introduction within weeks and shepherded by the Ways and Means Committee. While supporters cite economic and cultural benefits, critics caution about cost and the political hurdles of a divided Congress, making swift passage uncertain.
Topics:entertainment#bipartisan#hollywood-tax-credit#motion-picture-television-and-entertainment-revitalization-act#politics#trump#ways-and-means
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- Trump Renews Push for Federal Film Tax Credit The New York Times
- IATSE Applauds Building Momentum for US Federal Film and Television Production Incentive as Trump Announces Support iatse
- Trump calls for federal tax incentives to revive U.S. film industry Los Angeles Times
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