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Dumbass is going to open the floodgates for service tariffs now, which will REALLY fuck the US economy when foreign companies stop using US firms.
100% on $0 is still $0
What do you mean exactly? The majority of Hollywood movies are not actually filmed in Hollywood anymore.
In the future scripts have to be approved by the Department of
PropagandaEducation and Cultur.That’s not how anything works.
Trump and (now) the film sector:
The title is incrediblely vague but the article is pretty straightforward. They want to build incentives for movie production. How they’ll manage that with tariffs specifically (rather than say a tax cut) who knows
Right, that’s what the headline conveys, and it’s still not how anything works.
It would be like saying “We want to encourage people to make ice cream, so we’re going to use thumb tacks. We’re still pretty vague on the ‘how’ but probably something like putting thumbtacks on the chairs of people who are making something that isn’t ice cream.”
Tax cuts might not help for products that never make a profit.
Tariffs are literally the opposite of incentives. They’re beating away the competition with a stick.
the competition? a shit ton of hollywood movies are prduced partially or totally abroad
If you’re an idiot, any economic tool looks like a tariff or something like that.
When we gonna tell him that even US made movies are foreign movies since Hollywood outsources all CGI overseas and the majority of movies are just CGI films.
Slight tangent, sad seeing the CGI artists for the Life of Pi movie going bankrupt while simultaneously winning an Oscar for the work.
Plus movies are shot on location. Guess movies like Mission Impossible will take place in bumfuck Kansas in the future.
I doubt very seriously he even knows what CGI stands for so he’d probably just look at you with that stupid fucking look he always has on his face and call you a nasty person.
call you a nasty person.
You fake news bitch!
Lol, this muthafucka is outta his mind
Or game developers being shut down immediately following a successful release. :( Looking at you Tango Gameworks.
Yup, I totally ate the onion on this one. Wait, what do you mean it’s not satire!? :p
Wait. This isn’t the onion?
Are we…in an onion inside an onion?
so…
an onion?
A few layers in, just a little closer to the slowly rotting core.
/c/nottheonion
do music next! 100% tax on everything except good old ima cowboy and just fucked my cousin songs
Guys who sing My Dog Run Away and Flag/Truck/Beer songs are feeling forgotten and left behind right now
The US has great artists wtf
for know, until „the homegrown“ foreigners are gonna get deported
I relatively recently started watching foreign films. Fuck my new hobby, I guess.
What are you watching? Any recent recommendations?
Korea has some great fucking films. I recommend Old Boy. One of my favorite movies ever
I am a basic bitch, so I’m winding through goofy comedies. I enjoyed syiff malam raya for all of the same reasons I enjoyed the original scary movie and Smoking Causes Coughing for being the right kind of flippant, even if I’m not familiar with the parables it’s based on.
I’m not even sure how a tariff works for most cases. I guess you could do it on DVDs that are printed abroad, but this doesn’t apply to digital goods at all, right? If Netflix licenses a foreign movie, they just pay that license fee once and stream it to anyone with a subscription. You’re never actually importing anything.
You are, you’re importing the film.
Tariffs are an odd way to do this. The EU does it by mandating that 40% of content on a service is of EU origin. This appears to be about trying to kerb runaway production though, and tariffs on foreign production would be one extreme way to go about things. It would screw over Netflix, Disney, Warner Bros etc who have made massive investments in foreign production facilities.
Well, sure, you can write a law and mandate that X amount of productions are local, but that would mean going through Congress and writing that law. Tariffs are something the President can institute on an emergency basis (which he’s already abusing, obviously, but Congress isn’t interested in standing up to him). Tarrifs are collected at the border when you’re importing a good, which isn’t really something that works with streaming a movie, especially if the film is actually edited and finished in the US. The only thing you’re actually importing is raw footage if you’ve been shooting the movie abroad, and it’s hard to put a value on that.
To me it looks like this EO hasn’t been anywhere near a lawyer.
It’s not hard to put a value on footage. In fact that is literally how the global film production system works currently, with subsidies and tax credits having to be credited to a verified and meticulously accounted dollar spend value in that jurisdiction. Trump will just be adding an extra tax on any film entering the US with a certified origin of anywhere else. It’s insane but it is also practicable. Ish.
So if Disney make a Marvel film in the UK to get the high-end film production tax credit, they have to satisfy the terms. Disney has to certify the film as British according to a set of criteria (such as percentage of spend in the UK, number of British crew and cast, etc). They have to spend at least a minimum amount of money in the UK (and provide the receipts), they have to jump through other hoops. Meticulously documented. They will be able to prove every British hotel room and catering burger they spent money on just as much as how much they spent on camera rental and gaffer tape.
Then they have to bring that back to Burbank. But wait, Ireland, Canada and Australia have tax breaks on VFX. Back we go to each authority, with the receipts of how much was spent where. Sometimes it’s a minimum amount, sometimes it’s a percentage of spend, whatever. It’s documented.
So for a tariff what does trump need? If he wants to be the shitbird he is, he can mandate a 100% tariff on any film not certified as fully US made.
How do you even…? Like on movie tickets?
Opportunity cost. Time cost. Emotional tax. It’s all going up across the board.
Let’s try to make under-educated Americans even more under-educated. From now on, Fast and furious movies will be mandatory every morning at school. Afternoon will be dedicated to patriotism: shooting eagles from a motorcycle, intimating fast-food workers, checking women’s bathroom for trans people, something about black people existing, etc. Finally, everyone in line to kiss the ass of the golden statue of trump before dinner at MacDonald’s.
The past 3 films in the franchise have been made in Britain
So… Tariffs then? Stupid foreign movies trying to kill Hollywood.
“This is a concerted effort by other Nations and, therefore, a National Security threat. It is, in addition to everything else, messaging and propaganda,” Trump said in a post on Truth Social.
I always suspected that the Benny Hill Show was a vicious propaganda.
Oh no! Anyway
