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Trump Pushes Federal Tax Credits to Revitalize Hollywood

President Trump is urging Congress to pass federal tax incentives aimed at halting the exodus of film and television production from the United States. Industry leaders and lawmakers are backing the proposal to restore domestic competitiveness and protect thousands of creative jobs.

1 Sept, 10:00 — 1 Sept, 20:00
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Sources

Showing 6 of 8 sources
bloombergHigh1h ago

Hollywood Studios Eye Federal Incentives as Jon Voight Group Pushes Legislation

A group led by actor Jon Voight is hoping to get legislation introduced this month in Congress that would create new federal tax incentives for film and TV production in the US, after receiving an endorsement from President Donald Trump this week.

By Christopher Palmeri

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wapoMostly Factual9h ago

Trump urges Congress to pass tax incentives to restore Hollywood’s luster

The loss of film and TV production to other countries ‘is hurting California very badly,’ the president said.

By Dan Diamond

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Fox NewsMixed7h ago

Trump finds unlikely ally in longtime arch nemesis as Hollywood bleeds jobs

President Donald Trump and Adam Schiff find rare common ground on a federal film tax incentive to bring back Hollywood entertainment jobs lost abroad.

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Business InsiderMostly Factual1h ago

Trump is pushing for big subsidies to Hollywood, and it could have a much greater impact than his old movie tariff plan

Hollywood would have reason to thank Donald Trump if a film production incentive gets passed. Patrick T. Fallon / AFP via Getty Images; Jim Watson / AFP via Getty Images President Trump is calling for a federal tax incentive for domestic film and TV production. Hollywood has hoped for a production incentive instead of the tariffs that Trump previously floated. Trump has moved from "a stick mentality to carrots," an entertainment professor said. President Donald Trump's popularity in Hollywo...

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forbes11h ago

Trump Backs A Federal Film And Television Tax Credit

President Trump is backing a federal film and television tax credit, building on GA and NC's incentives. Here's how it could work—and what it might cost states.

By Nathan Goldman, Contributor

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varietyMostly Factual1h ago

Producer Urged Trump to Back U.S. Film Incentive Citing Prospect of Shooting Richard Nixon Biopic Overseas

President Donald Trump came away from a meeting with actor Jon Voight and two Hollywood producers very supportive of a federal tax incentive for film and TV productions. Something that may have caught Trump’s attention was the explanation by one of the producers that he would be forced to shoot a planned biopic of Richard […]

By Todd Spangler

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