A federal film and television tax credit is something Hollywood has long wanted, and President Trump’s recent call for one signals new momentum. In a recent Truth Social post, he asked for Congress to draft and pass a bill to be called “The Motion Picture, Television, and Entertainment Revitalization Act” to provide a federal tax incentive that would allow the U.S. to compete with other countries for productions. But some may be surprised to learn that this is no longer just a Hollywood issue — it’s an economic lifeline for states across the country that have been hemorrhaging productions to foreign competitors for years. For too long, the…
