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Failing Hollywood Wants a Bailout From Taxpayers and Adam Schiff is Trying to Give it to Them
TGP ^ | June 17, 2026 | Mike LaChance

Posted on 06/18/2026 4:12:06 AM PDT by kevcol

Just yesterday, it was reported that Hollywood insiders fear the city is turning into the next Detroit. Movie and TV productions are talking their business to other, more attractive locations with fewer rules and better tax rates.

In response to this, Adam Schiff and other lawmakers want to give Hollywood a federal tax subsidy. In other words, they want taxpayers to bail out Hollywood.

(Excerpt) Read more at thegatewaypundit.com ...


TOPICS: Business/Economy; Culture/Society; US: California
KEYWORDS: adamschiff; bailout; california; democrats; fraud; hollywood; movies; schiff; taxes

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1 posted on 06/18/2026 4:12:06 AM PDT by kevcol
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To: kevcol

Why should average Americans who have nothing to do with the entertainment industry have to help Hollywood fix a problem that they are causing for themselves?-


from the article


2 posted on 06/18/2026 4:21:41 AM PDT by PeterPrinciple ((Thinking Caps are no longer being issued, but there must be a warehouse full of them somewhere))
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To: kevcol

“In order to save this industry in America, we need to be competitive with tax credits,” Sen. Adam Schiff (D–Calif.) told Variety. Schiff wants a federal film production tax credit; he said in March he had “largely drafted” a bill but that he needed bipartisan support


competitive with tax credits


3 posted on 06/18/2026 4:23:02 AM PDT by PeterPrinciple ((Thinking Caps are no longer being issued, but there must be a warehouse full of them somewhere))
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To: kevcol

The Hollywood bunch, if the public would only realize it, were onto something nice and totally infected it with their perverse life styles and worship of money and power. They ruined the movies with this woke ideology and unfortunately people were influenced by many of their immoral behaviors and it’s messed up America and even the world.

Instead of paying to bail them out we should allow them to die of their self-inflicted wounds. We’d all be better off without their influence. Basically, they are the makers of campfire stories and that’s really all Hollywood is.


4 posted on 06/18/2026 4:23:23 AM PDT by Beowulf9
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To: kevcol

After my freshman year at UofCincy, I (and my wife-to-be...literally the girl-next door) moved to Hollywood to transfer to UCLA when the in-state tuition was rather inexpensive.

After 4 years, I escaped & returned to Ohio as Hollywood was visibly declining into dysfunctional socialism way back then.


5 posted on 06/18/2026 4:29:33 AM PDT by newfreep ("There is no race problem...just a problem race")
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To: kevcol

Do they want cash, or can we pay them in underage children and cocaine?


6 posted on 06/18/2026 4:33:27 AM PDT by A_perfect_lady (The greatest wealth is to live content with little. -Plato)
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To: kevcol

Do they want cash, or can we pay them in underage children and cocaine?


7 posted on 06/18/2026 4:33:42 AM PDT by A_perfect_lady (The greatest wealth is to live content with little. -Plato)
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To: PeterPrinciple

“ Why should average Americans who have nothing to do with the entertainment industry have to help Hollywood fix a problem that they are causing for themselves?-”

Average taxpayers have EVERYTHING to do with the entertainment industry. We fund it by watching the good stuff they put out , and defund it by avoiding the crap they put out.

Note to Schiff: We do this with already taxed money from our own wallets.

No double dipping on the taxpayers!!!!

EC


8 posted on 06/18/2026 4:35:45 AM PDT by Ex-Con777 ("Journalism is about covering important stories-with a pillow, until they stop moving." ~ David Burg)
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To: kevcol

HOLLYDOOM.......................


9 posted on 06/18/2026 4:40:21 AM PDT by Red Badger (Iryna Zarutska, May 22, 2002 Kyiv, Ukraine – August 22, 2025 Charlotte, North Carolina Say her name)
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To: kevcol

Huck Follywood!


10 posted on 06/18/2026 4:42:46 AM PDT by Fresh Wind
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To: kevcol

No one should be surprised by this. Leftist haven’t a clue about creating wealth in the private sector as their idea of wealth creation (for themselves) is using the government to loot private wealth in order to transfer it to themselves. Democrats in charge of any government entity always leads to abysmal failure and requests for further wealth transfers to reward themselves for their “righteous “ efforts.


11 posted on 06/18/2026 4:50:15 AM PDT by Rlsau1
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To: kevcol

You will never find a more wretched hive of scum and villainy.

Gangsters , pedos, perverts, rapists, queers, oligarchs.

P Diddy Freak Offs , another Epstein-esque Sexual blackmail operation. Pedo Joe’s FBI raided Sean Combs’ homes . Cameras everywhere . Who are on the tapes ?

Record industry= Mobsters and monsters


12 posted on 06/18/2026 4:53:00 AM PDT by OldHarbor
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To: kevcol

Tax Credits?? NO, Raise Taxes and Fees on production, just like you do for every other business in America.


13 posted on 06/18/2026 4:54:28 AM PDT by eyeamok
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To: PeterPrinciple

First of all, why would the American public be interested in bailing out Hollywood? An even better question might be why would anyone(except a Dem) be interested in bailing out Adam Schiff? Seems to me that he is a proven loser & deserving of a nice long jail sentence.


14 posted on 06/18/2026 5:01:21 AM PDT by oldtech (oltech)
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To: PeterPrinciple

First of all, why would the American public be interested in bailing out Hollywood? An even better question might be why would anyone(except a Dem) be interested in bailing out Adam Schiff? Seems to me that he is a proven loser & deserving of a nice long jail sentence.


15 posted on 06/18/2026 5:01:45 AM PDT by oldtech (oltech)
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To: kevcol

NO to bailouts for Hollywood! They badmouth us normal people and now Schumer wants us to fund their perversions? Hey Schumer, pass the hat around to your cronies and LEAVE THE REST OF US ALONE.


16 posted on 06/18/2026 5:16:49 AM PDT by telescope115 (Ad Astra, Ad Deum…)
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To: kevcol

LA City Council takes major step toward letting non citizens vote

https://nypost.com/2026/06/17/us-news/la-city-council-advances-noncitizen-voting-proposal-for-ballot/


17 posted on 06/18/2026 5:19:13 AM PDT by Libloather (Why do climate change hoax deniers live in mansions on the beach?)
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To: PeterPrinciple
"If it moves, tax it. If it keeps moving, regulate it. If it stops moving, subsidize it."

- Ronald Reagan on the left's philosophy

18 posted on 06/18/2026 5:27:44 AM PDT by Armando Guerra
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To: kevcol

Oh HELL NO! Let them die.


19 posted on 06/18/2026 5:39:48 AM PDT by FLT-bird
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To: kevcol

They want to protect Netflix and their ability to produce more evil films.


20 posted on 06/18/2026 6:11:19 AM PDT by WhiteHatBobby0701
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