Cranston lobbies for tax incentives
Bryan Cranston is lobbying for Broadway tax incentives.
The Breaking Bad star recently made his onstage debut in the famous New York City Theater District as former US president Lyndon B. Johnson in drama All the Way.
And Variety reports he joined Broadway golden boy Neil Patrick Harris, Hollywood heavyweight Harvey Weinstein and US Senator Charles E. Schumer at an event this week to push for an incentive similar to those offered for film and television productions.
“From an actor’s standpoint, it’s healthy for all of my friends to be able to go to work, and all the crew that live here in New York. And it enables producers to take chances,” Bryan told the crowd at Manhattan restaurant Sardi’s.
Actors from Broadway’s The Phantom of the Opera, Newsies and Cinderella were also present at the event, presented by Schumer and the Broadway League.
Variety reports supporters are pushing for first-year tax breaks on investments up to $15 million per production, a bill which has been approved by the senate finance committee but must still move through Congress before it can be enacted.
Weinstein also revealed during the gathering the UK’s agreement to offer investors similar deals was one of the reasons his musical Finding Neverland opened in Leicester, England before its planned turn in Cambridge, Massachusetts this summer.
“It’s the reason we went there. If we had more support for Broadway, people like myself would be more adventurous with our investments,” he said.
Schumer told the outlet he hopes the so-called tax extenders bill will be approved by the end of this summer.
He also applauded Bryan’s portrayal of LBJ, and even admitted he’d urged US President Barack Obama to see All the Way, which tells the story of the 36th commander-in-chief’s first year in office.
“Harvey and I have both told the president he ought to come see the show, get a little LBJ going,” he said.
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