President Donald Trump Urges Congress to Approve Federal Tax Incentives for Domestic Film and Television Production
President Donald Trump called on Congress to pass bipartisan legislation creating a federal tax incentive to bolster the domestic film and television industry. The administration announced the push on Monday following a meeting with actor Jon Voight, who has served as a Hollywood ambassador for the president.
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Trump stated that much of the entertainment business has moved overseas to countries like Canada, the UK, and Australia. He urged Republicans and Democrats to work together to create a legislation that would bring production jobs back to the United States. Sen. Adam Schiff expressed strong agreement with the president, stating that Congress should immediately pass a federal film tax incentive to reclaim good-paying jobs lost to other countries. Charles Rivkin, the CEO of the Motion Picture Association, also welcomed the announcement, noting that a federal incentive would be a landmark step toward making the U.S. more competitive and strengthening the national economy.
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