Trump Pushes for Federal Tax Incentives to Reshore US Film Production, Declaring Hollywood a ‘Disaster’

WASHINGTON, D.C. — In an ambitious move to revitalize the American entertainment industry, President Donald Trump announced on Tuesday that he is spearheading a legislative push to introduce federal film and television production tax incentives. The initiative aims to reverse the long-standing trend of “runaway production,” which has seen major motion picture studios increasingly shift their operations to countries like Canada and the United Kingdom.

The President’s proposal follows a high-profile meeting with legendary actor and Hollywood Ambassador Jon Voight. In a post shared on Truth Social, Trump articulated a stark view of the current state of domestic production, describing the industry’s decline as a “complete and total disaster.”

A Bid to Reverse Industry Flight

For decades, entertainment hubs in California and across the U.S. have struggled against foreign competitors that offer aggressive financial rebates and tax breaks. This economic pressure has led to the migration of massive, big-budget franchises overseas.

Recent examples underscore the extent of this shift: major tentpole projects such as the Robert Pattinson-led The Batman: Part II and the upcoming Marvel blockbuster Avengers: Secret Wars have both opted for production in the United Kingdom. While Glasgow has been transformed into a stand-in for Gotham City for the Caped Crusader’s latest outing, the Avengers cast has reportedly convened at the renowned Pinewood Studios in the UK to film the conclusion of the franchise’s ambitious Multiverse saga.

“It is being dissipated in its entirety,” Trump wrote of the US industry. “It has moved to Canada and other Countries, with very little work being done anymore in the United States.”

The Economic Argument for Bipartisanship

Trump’s proposed strategy hinges on the belief that federal tax incentives will act as an investment rather than an expense. He argued that the initial cost of such credits would be recouped “tenfold” through the broader economic activity, job creation, and subsequent tax revenue generated by a booming domestic production sector.

The President is now actively seeking to build a coalition in Congress, calling on both Republicans and Democrats to collaborate on the drafting of bipartisan legislation. He framed the issue as a national priority that transcends party lines, noting that the economic fallout from the decline of production is felt most acutely in states like California.

“Meetings are being set up with the Leaders of both Parties in order to get this done,” Trump stated. “It should be Bipartisan, especially since so much money is being lost… What we watch on the Silver Screen should be made in what was once the Movie and Motion Picture Capital of the World.”

Looking Ahead

The administration plans to move quickly to frame this as an “America First” effort to restore the nation’s status as the global epicenter for filmmaking. As congressional leaders prepare for upcoming meetings on the proposal, the focus will remain on whether these incentives can be structured efficiently enough to entice studios back to American soil.

For industry workers and local economies that have suffered under the weight of declining domestic projects, the proposed legislative push represents a significant, if ambitious, hope for a revitalization of the “Silver Screen” economy.