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Trump Pushes for Film Tax Breaks | California News

Trump Pushes for Film Tax Breaks | California News

Published 3 days, 6 hours ago
Description

Trump’s pushing Congress to pass federal film tax breaks to lure Hollywood back home, citing a 73,000-job loss since 2022—mostly in LA—and appointing actor Jon Voight as ambassador to lead the charge. The plan would offer studios credits or rebates, mirroring programs in Australia, Canada, and the UK, while complementing California’s existing $3.75B state incentive. Surprisingly bipartisan support is emerging, even from critics like Rep. Schiff, who agree it’s time to restore U.S. dominance in global film production and bring back those good-paying jobs.

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