Trump announces 100% tariffs on movies 'produced in foreign lands'

[Envirogal]

44. Actually, this is a huge issue in California

The amount of runaway filming production is a serious issue in Los Angeles and elsewhere in California. The last five years have been absolutely devastating for Los Angeles with every thing that has hit us – – the pandemic, strikes the fires, the cost of living, etc.. but the thing that has hurt the worst in my opinion is the amount of filming production that has gone overseas and to Mexico. Netflix has really amped us up since almost nothing they produce is local anymore. Marvel movies are completely filmed in England. And post production is moving elsewhere as well.

But it is also the race to the bottom of other US states putting sweetheart deals out for productions. It seems every state wants their piece of that pie and they have been doing it for decades. All the states ever do is poach from California’s industries in a net loss for the United States in total.

If anyone thinks the film industry is going to be loyal to their state, they have another thing coming productions are temporary and they go where they’re gonna get the bestbang for their buck. All it does is lower the threshold of tax they pay into the entire US (federal is affected bigly). Again, race to the bottom.

And the film industry makes so much Money because of all the revenue opportunities once the production is released. if it weren’t for the ability for all this poaching, both foreign and domestic, the film industry would pay their fair share taxes. But it’s becoming another welfare entity.