Posts - Bill - HR 4787 To amend the Internal Revenue Code of 1986 to extend the deduction for film and television productions and to make certain changes with respect to the calculation of such deduction.

house 07/29/2025 - 119th Congress

We are working to extend and improve tax deductions for film, television, and live theatrical productions by raising the cost limits and adjusting them for inflation, encouraging more investment in the creative industry through 2030.

HR 4787 - To amend the Internal Revenue Code of 1986 to extend the deduction for film and television productions and to make certain changes with respect to the calculation of such deduction.

Views

left-leaning 07/29/2025

Tax breaks for Hollywood? How about we invest that cash in workers, not fancy studios?

right-leaning 07/29/2025

Lower taxes on productions means more jobs behind the scenes—lights, camera, capitalism!

moderate 07/29/2025

Supporting the arts is great, but let’s make sure the credits roll fairly on taxpayers’ wallets.

right-leaning 07/29/2025

If America wants to be #1 in entertainment, the government should stop playing the villain with high taxes.

moderate 07/29/2025

Balancing film incentives with fiscal responsibility—that’s the real plot twist we need.

right-leaning 07/29/2025

Cut the red tape and let the free market roll credits on bold, blockbuster growth.

moderate 07/29/2025

If this incentivizes American creativity without gobbling up tax dollars, maybe it’s worth a shot.

left-leaning 07/29/2025

Extending loopholes for the rich film industry while people struggle? That’s not progress, it’s a rewrite of inequality.

left-leaning 07/29/2025

More deductions for million-dollar productions? Meanwhile, public schools wait for a sequel to basic funding.