President Donald Trump announced on X on August 31 that he had a "GREAT and very interesting meeting" with his Hollywood Ambassador and Movie Legend, Jon Voight, and proposed federal tax incentives to revive the U.S. motion picture and television industry. Trump said Voight "hates what's happened to it" and that the industry "is being dissipated in its entirety," with production moving to Canada and other countries, leaving very little work in the United States.
"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!" Trump wrote. He claimed the money spent on tax incentives would be "made up tenfold by the money pouring into the Treasury's coffers." Trump said meetings are being set up with leaders of both parties to advance the legislation, emphasizing that it should be bipartisan, "especially since so much money is being lost in California, and other largely Blue States."
Trump urged Congress to "immediately approve a Federal Production Incentive to create Entertainment Jobs in America," arguing that "what we watch on the Silver Screen should be made in what was once the Movie and Motion Picture Capital of the World."
