Hollywood jobs flee overseas as Congress scrambles to stop production exodus — with Trump's blessing
Congress is scrambling to stop one of the United States' most iconic industries from fleeing overseas and taking thousands of jobs along with it.
The U.S. TV and film industry has been hemorrhaging work for years as production companies and movie studios flee to places like Europe and Canada for friendlier tax regimes and other attractive financial policies. It prompted President Donald Trump to publicly call on Congress to pass legislation aimed at incentivizing entertainment studios to bring their production back home ...