Trump Pushes Tax Breaks for U.S. Entertainment | US News

Trump’s calling on Congress to pass tax breaks for the U.S. entertainment industry, aiming to keep film and TV production stateside and boost domestic jobs. He’s backed by actor Jon Voight, who previously met with him in February to push this idea — and was recently named a Hollywood ambassador alongside Stallone and Gibson. A specific proposal from SP Media Group calls for a 20% federal tax credit on labor costs for U.S.-based productions, part of a broader effort by studios, guilds, and the Motion Picture Association to reverse the tide of overseas filming and protect America’s creative economy. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/bb86b4360b9b1161