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New York Post
New York Post
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President Trump’s recent federal film-production tax credit aims to support Hollywood amid industry challenges, including record-low filming in Los Angeles and increased production elsewhere due to high costs and regulatory hurdles. Despite bipartisan backing for the 25% tax incentive, insiders believe it may not sufficiently ease California’s filming difficulties. Local efforts, such as a new studio development and political debates over LA’s business environment, highlight ongoing struggles for the industry’s return to prominence.
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