TEAMSTERS STATEMENT ON FEDERAL FILM TAX INCENTIVES
"Shamefully it is the norm today for American film and TV studios to outsource the union jobs that build their industry, gutting crews here at home for the sake of their bottom line. This standard in Hollywood fuels corporate greed, stripping meaningful work out of California and other major production locations nationwide. If these studios are incapable of looking beyond their own balance sheets and bonus schedules, we have no choice but to create new opportunities to incentivize the return of this work to American shores.
"A federal film tax credit is long overdue. We must rebuild good union jobs in America and stop the bleeding of studios sending American labor overseas.
"The Teamsters thank President Trump for putting American workers first, and we call on Congress to act swiftly to pass a budget bill that supports the working families who call this industry home.
"The Teamsters have been leading the fight to restore the dignity of labor to Hollywood. But we need the help of our elected officials to finally make it a reality. It's time to pass a federal film tax credit. And the Teamsters will remember who, and who did not, stand with labor at this critical moment."
Founded in 1903, the International Brotherhood of Teamsters represents 1.3 million hardworking people in the U.S., Canada, and Puerto Rico. Visit Teamster.org for more information. Follow us on X @Teamsters and on Facebook at Facebook.com/teamsters.
Contact:Kara Deniz, (202) 497-6610kdeniz@teamster.org
View original content to download multimedia:https://www.prnewswire.com/news-releases/teamsters-statement-on-federal-film-tax-incentives-302454399.html
SOURCE International Brotherhood of Teamsters
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