Trump’s Hollywood ambassador Jon Voigt joins coalition asking for tax incentives | Trump administration
Donald Trump’s ambassadors in Hollywood, including actor John Voet, joined the main unions and studios in the US President’s demand to expand and expand the tax incentives of cinematic and television products.
in A message addressed to Trump On Sunday, studios and unions did not mention his threat to provide a 100 % tariff for films that were made abroad, but instead thanked it for supporting the industry through their “common goal” of local production.
“We appreciate and thank you for the support you have shown in our industry. We also appreciate your understanding of the need to increase the production of local films and television to restore American jobs,” I read the message.
The letter also calls on Trump to support three tax provisions in the next budget settlement bill that was formulated by Congress that “America will immediately make more competitive, expand the American media industry, restore jobs to America, and support the independent spirit of American business.”
It includes the section 199 of the Tax Law, which provided discounts for manufacturing films and television production, expanding Article 181 to double to 30 million dollars in production expenses, and restoring section 461 to allow companies to return their net operational losses.
The message was signed by the Motion Picure Association, which represents the Hollywood studios, unions including SAG-Aftra, Guild of America, the American Managers Syndicate, the Teamsters team, as well as Voight and Sylpster Stallone, two “private ambassadors” to Hollywood.
There is no mention of Trump’s introductory proposal about the production of foreign films, which caused screaming and confusion in the entertainment industry. Since then, the White House insisted on: “No final decisions have been made regarding the tariff of foreign films.”
Trump announced his 100 % definition on foreign films a day after a meeting with Voight in Mar-Aao, where Midnight Cowboy and Heat representative “his comprehensive plan” “” to make Hollywood greatly “.
Voight it has Since the defense Trump’s suggestion and expressed his surprise at the negative reaction from all over the industry, on the pretext: “Something must be done, and it is time.”
