Jon Voight's Plan to Save Hollywood
5 days ago
- #Hollywood
- #Tax Credits
- #Streaming
- Jon Voight proposes a plan to 'make Hollywood great again' with federal tax credits and tariffs on foreign productions.
- The plan includes a 10%-20% federal tax credit stackable with state incentives and a 120% tariff on productions made abroad.
- Voight's proposal also suggests a return to the Financial Interest and Syndication Rule to change licensing terms for streamers.
- The plan targets all major platforms, including Netflix, Amazon, Disney, and others, with a cultural test for eligibility.
- Voight presented the plan to Donald Trump, sparking industry reactions, including a call for a $7.5 billion national incentive program by California Gov. Gavin Newsom.