The Powers That Be: Daily cover image

Lights, Camera, Tariffs

The Powers That Be: Daily

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Hollywood's Dilemma: Tariffs and Tax Credits

This chapter explores the challenges facing the Hollywood film industry, including its declining market share and the impracticality of implementing tariffs on foreign films. It discusses proposed solutions like tax credits to incentivize domestic productions, while also examining the political dynamics influencing these proposals. Additionally, the chapter analyzes the factors driving productions overseas, such as competitive tax incentives offered by other countries.

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