President Donald Trump called on lawmakers to pass legislation aimed at revamping the United States entertainment industry and revitalize Hollywood.
Urging bipartisan support in a Tuesday Truth Social post, Trump asked Congress to create federal tax incentives to bolster the economic sector.
“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,” the president said.
He added that his Hollywood ambassador, legendary actor Jon Voight, shared the same concern for the industry during their Tuesday meeting.
“He is a fantastic man who loves our Country, and feels strongly about the Motion Picture and Television Industry. He hates what’s happened to it! Is is being dissipated in its entirety. It has moved to Canada and other Countries, with very little work being done anymore in the United States,” he continued.
“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!” he added.
Despite deep political divisions in Washington, Trump asserted that the measure should be advanced on a bipartisan basis, as it would have a major impact on Democrat-run states.
“The amount of money spent on Tax Incentives will be made up tenfold by the money pouring into the Treasury’s coffers. Meeting are being set up with the Leaders of both parties in order to get this done,” he said. “It should be Bipartisan, especially since so much money is being lost in California, and other largely Blue States.”
Hellbound and Down 