1 Day
Source:
New York Post
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Trump and allies bring unexpected news to Hollywood
The Trump administration has called on federal lawmakers to pass national tax credits to help revive Hollywood's film and TV industry, which faces challenges from industry shifts, lower production costs abroad, and changing viewer habits. While tax incentives are not ideal policy, they are seen as a necessary tool to support the industry’s economic contributions and creative vitality. Despite political disagreements, new incentives have gained bipartisan backing, including support from California senators, as Hollywood remains vital to regional and national economies.
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