Trump demands Congress pass tax incentives to fix Hollywood ‘disaster’

“Meetings are being set up with the Leaders of both Parties in order to get this done. It should be Bipartisan, especially since so much money is being lost in California, and other largely Blue States,” he added. “It can be done quickly, accurately, efficiently and, importantly, will benefit ALL of America. What we watch on the Silver Screen should be made in what was once the Movie and Motion Picture Capital of the World. Let’s get this done!”

Members of Congress are working on legislation that could be introduced as soon as September, Politico reported over the weekend. The federal production incentive being discussed would be stackable atop states’ incentives, and include a 20% credit for labor both in front of and behind the camera, with a mechanism requiring that the vast majority of the work would go to U.S. personnel, according to the outlet. 

Before becoming president, Trump had a long background in the entertainment industry, starring in his hit reality TV show The Apprentice and making cameo appearances in several popular films.

Since assuming office, the president has often warned about Hollywood’s struggles, appointing Voight and others to examine what can be done to revitalize Hollywood, and last year threatened to slap a 100% tariff on all foreign-made films.

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Voight has met with Gov. Gavin Newsom (D-CA) over the matter, with a federal tax credit to incentivize production companies emerging as a topic of discussion last June.

“Hollywood is a Complete and Total Disaster! Despite the name, it is getting very little work. There is no incentive to be there, and it is hurting California very badly,” Trump reiterated Monday. “Jon, and many others in the Industry, are suggesting we do Federal Tax Incentives in order to Make our Movie and Television Production Business GREAT AGAIN, perhaps GREATER THAN EVER BEFORE!”