Trump aims for a federal film tax credit backed by Hollywood allies

1 min read
Source: Politico
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.

Share this article

Reading Insights

Total Reads

1

Unique Readers

1

Time Saved

8 min

vs 9 min read

Condensed

95%

1,72187 words

Want the full story? Read the original article

Read on Politico