Before we get started, a reminder that Mona and I will be talking all things Odyssey for the next book club on Wednesday, September 16, at 1:30 p.m. Eastern.
asserted
Mona → start → p.m.
Here’s my prep: Reading Emily Wilson’s translation, as well as Christopher Nolan’s script, and maybe just, you know, sneaking away to see it in 70mm.
asserted
you → ’ → mm
That counts as work, right?
asserted
That → count → work
I’ll run it by Sam Stein, see what he says.
asserted
he → run → what
And if you want to watch us live, you have to sign up for a Bulwark+ membership!
asserted
you → want → membership
If you don’t, Paul Newman’s gonna have my legs broke.
asserted
legs → do → ?
FOLKS FROM THE MOVIE BUSINESS have gathered on a monthly call for the last year and a half to discuss efforts to push for a federal tax credit for their industry.
asserted
FOLKS → gather → industry
Its purpose would be to help filmmakers keep their productions in the United States rather than chasing more money elsewhere in places like Ireland, the U.K., and Eastern Europe.
asserted
filmmakers → help → Ireland
The messaging that has come out of these meetings has been pretty straightforward, hitting on two big ideas: Any federal tax credit should be couched not as a “Hollywood” bailout but as an effort to end the offshoring of jobs from across the country, including from red states like Louisiana and Texas and purple states like Georgia; that’s what it would take to get the bipartisan support needed to pass it during the current congressional session and keep it from being repealed in the future.
asserted
it → come → future
As momentum quietly grew, there was a logjam: Donald Trump.
asserted
momentum → grow → ?
The president had previously pitched an inane and unworkable tariff on foreign-made films, much to the chagrin of these observers.
asserted
president → pitch → observers
No one was quite sure how such a proposal would work, and even if were implemented in a fairly straightforward way, it would amount to a massive tax on the industry that would be passed directly on to consumers—a tough sell to an industry already reeling from consumer complaints about everything from the cost of streaming subscriptions to the price of popcorn in movie theaters.
asserted
that → work → theaters
That logjam broke on Monday when Trump posted on Truth Social that “Congress should approve, immediately, a Federal Production Incentive to create Entertainment Jobs in America.”
asserted
Congress → break → America
“I was elated to see that post,” said Rep. Laura Friedman (D-Calif.).
asserted
Friedman → elate → post
“I’ve been working with a very large coalition for the past year and a half on this concept.”
asserted
I → work → concept
Friedman, herself a former film producer, represents a district that includes Hollywood and surrounding neighborhoods, as well as Burbank and Glendale.
asserted
that → represent → Hollywood
That’s a huge chunk of the film industry, of course, but she was quick to emphasize the national nature of this deal.
asserted
she → ’ → deal
And she noted the absence of Trump’s favorite policy tool: “The tariff idea, it just doesn’t work, doesn’t work for film because, you know . . . it’s not the kind of thing that you can count up somewhere and put a number on.”
asserted
you → note → number
Friedman highlighted the support in particular of Rep. Brian Jack (R-Ga.), who has, alongside iconic Oscar winner Jon Voight,1 been instrumental behind the scenes in getting this thing moving.
asserted
thing → highlight → scenes
Jack’s district has been hit particularly hard by the flight of film production from Trilith, formerly known as Pinewood Atlanta, where Marvel shot many of its productions in the 2010s.
asserted
Marvel → hit → 2010s
Disney has moved much of their production to England, chasing lucrative tax credits of around 25 percent.
asserted
Disney → move → percent
(To get a sense of how much money is at stake here, Deadpool & Wolverine received over $100 million in tax rebates from the British government.)
asserted
Deadpool → get → government
Surprisingly, Jack has been quiet about Trump’s post; his office didn’t return an email and there’s nothing on his website about it.
asserted
office → return → it
At this point in Trump’s presidency—as his approval ratings hit new lows and his record in primary races is increasingly mixed—his giving the okay alone may not be enough.
uncertain
giving → hit → okay
The voters have a say too, and it’s unclear how much voter support there would be for such a bill among the GOP base.
uncertain
it → have → base
That translates into some hesitancy to offer vocal support: I reached out to a handful of congressional offices in Republican states with some film industry and while several were happy to talk on background, only Rep. Vern Buchanan (R-Fla.) was willing to go on the record.
asserted
Buchanan → translate → record
“This bill is about growing the American film industry, plain and simple.
asserted
bill → grow → industry
The best way to build support is to keep pushing the goal of this bill front and center: bringing film jobs and production back to the United States,” Buchanan told me.
asserted
Buchanan → build → me
“The film industry is not only important for business but has a huge impact in moving legislation as well.
asserted
industry → have → legislation
Disney’s Black Beauty film helped animal welfare policy as it advocated for wild horse protection.”
asserted
it → help → protection
Among the concerns cited by staffers were the lack of a concrete bill and an uncertainty of what an actual plan will look like; no one wanted to get out over their skis in support of the idea.
asserted
one → cite → idea
But there was also worry that, quite simply, the optics on this were not great: No Republican wants to be seen as bailing out “liberal Hollywood.”
asserted
Republican → be → Hollywood
Which brings us back to the messaging meetings described up top: There is a coordinated effort to ensure folks understand that this is a bill that will aid film workers in states across the country, not just Los Angeles and New York City.
asserted
that → bring → country
One office mentioned that they were waiting on a study from the Motion Picture Association that would forecast the economic benefits of a potential federal tax credit for the country as a whole.
asserted
that → mention → whole
The MPA emphasized just that point in a release following Trump’s post.
asserted
MPA → emphasize → post
“A federal incentive would be a landmark step toward bringing more production to local communities in all 50 states, strengthening our nation’s economy, and making our country a more competitive place to produce, create, and tell great stories,” MPA CEO Charles Rivkin said in a statement.
asserted
Rivkin → bring → statement
It’s a point Buchanan hit hard: “States like Florida, Louisiana, and Texas have built real production economies with crews, soundstages, and small businesses that depend on this work.
asserted
that → ’ → work
Without a competitive incentive, those jobs and those dollars go overseas.
asserted
jobs → go → incentive
It’s an idea, a whole industry, one that spans the continent—and it may be coming up for a vote in Congress before long.
uncertain
it → ’ → Congress
His new collection, which features a foreword from actor and filmmaker Alex Winter (Bill S. Preston, Esq., from the Bill and Ted series), is a fantastic journey through the filmmaking of the late 1980s through the early 2000s.
asserted
which → feature → 2000s
…and 2 more, not listed.
