Trump Calls Hollywood a ‘Complete and Total Disaster,’ Urges Congress to Approve Federal Film Incentive: Pushes for Republicans, Democrats to ‘Get This Done’
Trump’s latest Hollywood push favors tax incentives over tariffs as production jobs continue migrating to cheaper overseas locations.
A political leader is asking Congress to give money back to movie companies through taxes so they'll make movies in America instead of other countries. This shows the movie industry is struggling to keep jobs at home, which matters if you own stocks in film studios or production companies.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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