Democrats Cheer Hollywood Tax Breaks They Once Called ‘Corporate Welfare’

Scritto il 28/06/2025
da Laurel Rosenhall and Matt Stevens

California politicians once derided a $50 million proposal by Arnold Schwarzenegger. With the support of unions, they’re now strongly backing a $750 million subsidy.Gov. Gavin Newsom of California has championed an expansion of the state’s tax credits for movie and TV production, saying that doing so would “generate thousands of good paying jobs.”