Don Nickles: “You would give such a tax advantage to Total, BP, Lukoil, other international oil companies.”

Congress passed a bad law called the Windfall Profits Tax. That motivated me to run for Senate more than anything else.

Law makers must carefully distinguish between the need for tax credits which may operate as subsidies, compared to more favored tax deductions which are expensed as part of ordinary business operations.

We should not be giving advantages to our international competitors over our U.S.-based companies.

I could not disagree with you more.