Trump Calls for Passage of Federal Film and TV Tax Incentive: “Let‘s Get This Done!”
US President Donald Trump has voiced support for a federal film and television tax incentive, urging Congress to pass bipartisan legislation "immediately" to revive American production. The move follows sustained lobbying from the film industry, which has watched production increasingly shift overseas and to other countries offering more generous incentives, and comes after Republican lawmakers had reportedly been awaiting a signal from the White House before advancing the idea.
In a lengthy Truth Social post, Trump described Hollywood as a "Complete and Total Disaster" that is "hurting California very badly" due to a lack of incentives to film there, and credited actor Jon Voight, his "special ambassador to Hollywood", and others for proposing the plan. He said meetings were being arranged with leaders of both parties to draft legislation swiftly. The Motion Picture Association, representing major studios and streamers, welcomed the statement, calling a federal incentive a "landmark step" that would boost production nationwide and strengthen the economy.
- Trump backs a federal film and TV production tax incentive
- Says it should be bipartisan and passed quickly by Congress
- Motion Picture Association welcomes the move as a "landmark step"